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Islamic Finance Briefing - Categorized | Bonds (Sukuk), New Launches more

Bahrain, Poh Kong, Majid Al Futtaim, Anih: Islamic bond alert

Posted on 02 November 2011

Salman Bin Isa Al-KhalifaThe following borrowers are expected to sell Islamic bonds, which use asset returns to pay investors to comply with the religion’s ban on interest. Global sales of sukuk climbed to $18.9 billion in 2011, from $13.5 billion a year earlier, according to data compiled by Bloomberg.
Bahrain: The country is still “on track” to sell $1 billion of Shariah-compliant debt, Sheikh Salman bin Isa Al Khalifa, executive director of banking operations at Bahrain’s Central Bank, said……………………………………….Full Article: Source

 
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