43.Which country has raised USD 1 billion loan with Sukuk (Islamic Bond)? [A] Iran [B] Syria [C] Pakistan [D] Afghanistan Show Answer

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Dileep Vishwakarma

2 years ago

Pakistan has raised a whopping $1 billion loan through the Sukuk bond at a record 7.95 per cent interest rate, the highest cost that the cash-strapped country has agreed to pay in its history on an Islamic bond, and has also agreed to pledge a portion of the Lahore-Islamabad Motorway in return for the much-needed loan,

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