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Last claim checked November 12 FEEDRSSJSON

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12 November
5:01 am

Jordan has approved its first municipal Islamic sukuk issuance, worth 400 million Jordanian dinars ($564.2 million), offering a 5.5 percent annual return over five years

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arabnews.com said this

5:01 am
Why this verdict View evidenceHide evidence
Why we checked itMultiple specific figures (amount, currency equivalent, return rate, duration) about a significant first-of-its-kind financial issuance that could be verified against official Jordanian government or financial authority announcements
What we foundEvery specific element of the claim — JD400 million value, $564.2 million USD equivalent, 5.5% annual return, five-year term, and 'first municipal' designation — is confirmed by multiple genuinely independent sources including Petra (the official Jordanian state news agency), the Jordan Times, and MENA+ capital markets reporting.
Sources checked
  • Petra (Jordan News Agency) — primary/official source, two separate dispatches independently confirming all claim details
  • Jordan Times — independent editorial outlet with its own Cabinet session coverage, confirms all figures
  • MENA+/Enterprise — regional capital markets outlet, independently confirms JOD/USD conversion and structural terms
  • Arab News — the outlet making the claim
  • accurately reflected Petra reporting
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