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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Emerging Trends more

Indonesia rating bets drive new Sukuk demand

Posted on 20 May 2011

Speculation Indonesia’s credit rating will be raised to investment grade may drive demand for the government’s second sale of global Islamic bonds.
“I’d be interested because there’s the possibility of an investment-grade rating,” Mohd Noor Hj A Rahman, chief executive officer at Kuala Lumpur-based OSK-UOB Islamic Fund Management Bhd., said in an interview May 12. “Indonesia is a big market with potential for economic growth.”………………………………………Full Article: Source

 
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