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

HSBC says Indonesian market for Sukuk improving

Posted on 10 August 2009

From Thejakartaglobe.com: Despite a slump in the Shariah bond market last year, HSBC says that it expects more corporations to be tempted back next year following a revival of confidence in the wake of the highly successful sale of Indonesia’s first global sukuk in April.

“We believe that many Indonesian companies are still interested in issuing sukuk, although maybe not this year, but in 2010,” said Mahmoud Abushamma, head of HSBC Amanah Indonesia, HSBC’s local Shariah unit……….Full Article: Source

 
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