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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Compliance, Tax, Legal, Regulatory, Market Moves more

Russian interest in Sukuk runs ahead of regulators

Posted on 20 June 2011

Gasprombank, the financial arm of Russia’s gas exporting monopoly Gazprom, is building support for Sukuk but Russian legislation lags.
Executives from Gazprombank have been drumming up interest in South East Asia. Bloomberg reports Alexander Kazakov, director of structured and syndicated finance at the bank, speaking in Jakarta as claiming up to five companies were interested in Sukuk issuance. Separately, Kuala Lumpur-based AmanahRaya says it is working on a dollar-denominated Sukuk for Tatarstan……………………………………….Full Article: Source

 
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