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Saudi Arabian Oil Co. and Total SA, Europe’s third-biggest oil company, plan to sell $1 billion of sukuk this year in a joint issue, Simon Eedle, global head of Islamic banking at Credit Agricole SA, the lead arranger, said in Abu Dhabi in October.

Photographer: Fabrice Dimier/Bloomberg

Saudi Arabian Oil Co. and Total SA, Europe’s third-biggest oil company, plan to sell $1 billion of sukuk this year in a joint issue, Simon Eedle, global head of Islamic banking at Credit Agricole SA, the lead arranger, said in Abu Dhabi in October.
December 02, 2010
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