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

Malaysia’s Khazanah to issue renminbi-denominated Sukuk

Posted on 19 September 2011

The Malaysian government investment arm Khazanah Nasional is planning to issue renminbi-denominated sukuk, making it the first-ever Islamic financing in Hong Kong’s booming Dim Sum market, according to IFR.

IFR said that Khazanah was rumoured to be targeting 500 million renminbi ($77.5 million) with a tenor of five years, although a three-year piece is also being talked about……………………………………….Full Article: Source

 
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