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The Kingdom Tower stands in the night in Riyadh. Image for illustrative purposes. Ali Jarekji, Reuters
Saudi Arabia's sovereign wealth fund, the Public Investment Fund, started taking orders for its debut dual-tranche Islamic dollar bond on Wednesday, an arranging bank document showed.
The sukuks' combined books order exceeded $12 billion, excluding JLM, the document reported.
(Reporting by Md Manzer Hussain; Editing by Alex Richardson)