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Islamic Finance Briefing - Categorized | Bonds (Sukuk) more

Indonesia expresses faith in Shariah bonds despite Dubai World debt crisis

Posted on 02 December 2009

From Thejakartaglobe.com: The Finance Ministry said on Tuesday that it remained upbeat about investor appetite for sukuk , or Shariah bonds, and had not changed its plans to issue more next year, but acknowledged that the Dubai crisis could affect the market.

“[Dubai World subsidiary] Nakheel’s problems will add to the list of corporate Islamic bonds that have defaulted” in the past year, said Rahmat Waluyanto, the ministry’s director general for debt management……………………………Full Article: Source

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