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

Indonesia mandates banks for $650 mln global sukuk

Posted on 14 July 2010

From Reuters: Indonesia aims to raise up to $650 million in a global sukuk issue in October and has appointed HSBC, Citigroup and Standard Chartered as underwriters, said a finance ministry official on Tuesday.
Indonesia said last month the sukuk, its second international Islamic offering in as many years, could be about $500-$600 million, as the world’s most populous Muslim country seeks to capitalise on growing demand for sharia paper……………………………………….Full Article: Source

 
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