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

Sukuk attracts cash-rich banks

Posted on 27 August 2009

From Thepeninsulaqatar.com: With debt markets gingerly reopening, Gulf companies eager to raise cash through issuing bonds have to make a decision: should they issue conventional or Islamic bonds, known as sukuk?

The SR7bn ($1.9bn) sukuk issued by Saudi Electricity Company, the kingdom’s state power utility, this summer could be a useful indicator……………Full Article: Source

 
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