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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Emerging Trends more

Local currency Islamic bonds will be in vogue

Posted on 27 May 2009

From Btimes.com.my: Local currency Islamic bonds will be the trend for the next couple of years as companies steer clear from the once popular US dollar bond market, says Kuwait Finance House (Malaysia) Bhd chief executive officer Datuk K. Salman Younis.

The shortage of US dollars in global money markets has also made it too expensive to issue sukuks in the currency…….Full Article: Source

 
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