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

New recipe: Halal dim sum bonds

Posted on 22 September 2011

It’s not just porky dim sum dumplings that are off-limits for religious Muslims. Dim sum bonds, or debt issued in renminbi, are also verboten for Islamic investors for whom conventional bonds conflict with religious prohibitions on interest.
Enter Khazanah, Malaysia’s sovereign wealth fund, which is launching the first-ever Islamic bond in renminbi. Halal dim sum anyone?………………………………………Full Article: Source

 
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This post was written by:

Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


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