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Islamic Finance Briefing - Categorized | Banking, Market Moves more

Islamic bank sees strong demand for issuance from SMEs

Posted on 27 March 2009

From Thestar.com.my: Unicorn International Islamic Bank Malaysia Bhd, which began its operations last year, aims to achieve transactions totalling US$400mil to US$500mil this year. Chairman Datuk Vaseehar Hassan Abdul Razack said demand for medium-sized issuance, especially sukuk and cross-border transactions from small and medium enterprises, continued to be strong.

“We are targeting transactions ranging from US$50mil to US$100mil in size,” he told a media briefing yesterday…..Full Article: Source

 
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