Thu, Oct 2, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Bonds (Sukuk), New Launches more

Malaysia may sell Islamic bonds to fund $16 bln rail project

Posted on 04 April 2011

Malaysia may sell ringgit- denominated Islamic bonds to help finance construction of a mass railway in Kuala Lumpur as part of a $444 billion investment program, Prime Minister Najib Razak said in an interview.
The government estimates the network will cost 48 billion ringgit ($16 billion) to build, making it the single biggest development project undertaken by Southeast Asia’s third-largest economy……………………………………….Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
October 2014
M T W T F S S
« May    
 12345
6789101112
13141516171819
20212223242526
2728293031