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S'pore's Islamic finance hub goal hit by dearth of sukuk issues

Sabana Reit only entity to have sold sukuk in the Republic this year

SABANA Shari'ah Compliant Industrial Reit is the sole entity in Singapore to have sold sukuk this year in a setback to the Republic's ambitions to become an Islamic finance hub.

The real estate investment trust raised S$100 million in September after selling S$90 million of the debt in