Barwa Bank to Sell Sukuk in 2013 After Credit Rating, CEO Says

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Barwa Bank, a unit of Barwa Real Estate Co., plans to sell Islamic bonds in 2013 after the lender gets a credit rating, Chief Executive Officer Steve Troop said.

The size of the sukuk will be determined in line with market conditions at the time of the sale, he said in an interview in Doha today.