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Malaysia: Sukuk issuance will be the biggest in the Southeast Asian nation in more than three years

Posted on 14 January 2011

From Gulfnews.com: Pembinaan BLT, a company owned by Malaysia’s government, plans to sell 10 billion ringgit ($3.3 billion (Dh12.12 billion) of Islamic bonds to fund upgrades to national police facilities. The sukuk issuance will be the biggest in the Southeast Asian nation in more than three years.
The government raised $1.25 billion from its first Sharia-compliant dollar bond in eight years last May, drawing bids for five times the debt on offer……………………………………….Full Article: Source

 
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