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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Market Moves, People more

Sukuk issuance ‘must be faster’

Posted on 13 December 2012

A key issue for the sukuk Islamic bank market in the region is the time that it takes to bring an issue to the market. That is the view of Thomson Reuters global head of Islamic finance Rushdi Siddiqui. “Malaysia has developed its sukuk market in a manner that an issue can be issued swiftly and that is something this region needs to be able to replicate,” he said. “A key issue here is to come to the market faster.”
He said that the sukuk market was currently where the eurobank market was in the 1960s and 1970s and it has to move forward and raise efficiency so that non-Islamic financial institutions will come to this market to raise money………………………………………..Full Article: Source

 
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