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Saudi plans sukuk to fund $7bn Jeddah airport

11/12/2011 07:25:02 PM GMT

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Saudi Arabia's General Authority for Civil Aviation (Gaca) will issue a sukuk, or Islamic bond, within one or two months to help finance its new SR27 billion ($7.2 billion) airport in Jeddah, its president said on Al Arabiya television channel.

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Sukuk.me is a global provider of Sukuk information and Sukuk market data.

Sukuk.me is a global provider of Sukuk information and Sukuk market data. About Sukuk.me

Saudi plans sukuk to fund $7bn Jeddah airport

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