Linklaters advises on landmark Islamic project bond issue in Saudi Arabia
BY Ranajit Dam |
Demonstrating its Islamic finance expertise, Linklaters recently advised on the issuance of 3.749 billion riyals (about $1 billion) worth of sukuk, or Islamic bond certificates, by Arabian Aramco Total Services Company (AATSC) in a transaction that represents the first-ever Sharia-compliant greenfield project sukuk.