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

Persian Gulf taps Malaysia for Sukuk sales

Posted on 21 December 2010

From Bloomberg: Persian Gulf borrowers are selling ringgit-denominated Islamic bonds at a record pace in Malaysia to raise funds for expansion and take advantage of demand in the world’s biggest market for shariah-compliant bonds.
Issuance surged to 1 billion ringgit ($318 million) this year, the most since 2008 when Gulf companies started tapping the Malaysian market, data compiled by Bloomberg show……………………………………….Full Article: Source

 
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