Capitalising on Malaysia’s lead in the Islamic financing market, CIMB Group Holdings Bhd is said to have held talks with Australia’s big banks about issuing the country’s first Islamic bonds.
The Australian newspaper reported that CIMB’s capital markets head in Sydney Michael Forde said major lenders Down Under could become the first Australian companies to tap Malaysia’s sukuk market next year as they sought ways to access the growing pool of cashed-up Muslim investors………………………………………..Full Article: Source