Qatar Petroleum Finance Director Abdulrahman al-Shaibi says the sukuk issuance will be facilitated and backed by abundant assets the oil company have. With Qatar setting new benchmarks for the Shariah-principled debt, its oil and gas flagship Qatar Petroleum (QP) is fast readying up to float its sukuk, it is learnt.
“Following the considerable success of the new sovereign sukuk, the country’s national oil and gas flagship QP is also expected to place its first sukuk bond sometime in the second half of 2012,” Commerzbank, Chief Analyst Apostolos Bantis said………………………………………..Full Article: Source