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Standard Chartered plans to arrange over $4bln Sukuk this year

Posted on 17 May 2010

From Zawya Dow Jones: Standard Chartered PLC plans to arrange more than $4 billion worth of Islamic bonds, or sukuk, globally this year exceeding last year’s figures as confidence and liquidity return to credit markets, a senior executive said.
“We arranged more than $4 billion of sukuk last year. We hope to beat last year’s figures,” Ahsan Ali, head of Islamic origination at Standard Chartered told Zawya Dow Jones in an interview on the sidelines of a conference in Dubai……………………………………….Full Article: Source

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