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

Thai Sukuk push to serve minority, lure funds

Posted on 19 July 2010

From Bloomberg: The state-run Islamic Bank of Thailand plans to raise 5 billion baht ($155 million) in the nation’s first sukuk sale, joining borrowers from Singapore to India targeting investors from minority Muslim populations.
The Thai Securities & Exchange Commission plans to publish guidelines next quarter for companies to issue Shariah-compliant securities, Charuphan Intararoong, a spokeswoman for the regulator, said in an interview yesterday in Bangkok……………………………………….Full Article: Source

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