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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Market Moves more

Dubai mulls $1.5 bln Sukuk to be issued in Malaysia

Posted on 26 November 2010

From Cpifinancial.net: Dubai is reportedly planning what could be the first foreign sovereign ringgit (MYR) Sukuk issuance in Malaysia. Abdulrahman Al Saleh, Director General of the Dubai Department of Finance is said to have been meeting investors in Malaysia to explore the potential opportunities for a bond issue.
Details of the proposed Sukuk have not yet been finalised owing to the volatility of the financial markets as a result of the Irish debt troubles and Korean political tensions……………………………………….Full Article: Source

 
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