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DCCC expands collateral basket to include major currenciesThe Dubai Commodities Clearing Corporation (DCCC), the central counter-party (CCP) for the Dubai Gold and Commodities Exchange (DGCX), said that clearing members will now be able to deposit cash collateral to the corporation in the form of eur More… |
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IIFM launches collateral Murabahah agreementBahrain-based International Islamic Financial Market (IIFM), a global standard-setting body for Islamic finance has launched the IIFM Master Collateralised Murabahah Agreement. The global standard document is accompanied by an ope More… |
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Emaar seeks $800m loan backed by mallsDubai's Emaar Properties, builder of the world's tallest tower, is using four of its shopping malls including the Dubai Mall as collateral for an $800 million two-tranche loan, banking sources said. The facility, which consists of More… |
