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