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Islamic Finance Briefing - Categorized | Bonds (Sukuk) more

Tamweel plans up to $500mln Sukuk in Q4

Posted on 30 September 2011

Islamic mortgage lender Tamweel, whose shares resumed trading in May, will issue a $300-$500 million sukuk in the fourth quarter, the acting chief executive of the Dubai-based company said on Tuesday.
“The plan is to be out with something in the last quarter,” Varun Sood told reporters at a property event in Dubai, adding the sukuk could be priced in dollars or Malaysian ringgit……………………………………….Full Article: Source

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