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The Nexus
BUSINESSMay 5 · 12:32 UTCBLOOMBERGEdward Clark, Laura Gardner Cuesta

Maldives’ Biggest Bank Seeks Dollar Sukuk as War Hits Tourism

The Bank of Maldives Plc is exploring international capital markets to issue its first dollar sukuk, aiming to support the nation's tourism industry amidst Middle East conflict fallout. The move is driven by the need to bolster the island nation's key sector. Global investor meetings are being held to gauge interest.

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