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

Malaysian Sukuk yields drop on second-best Asian currency

Posted on 11 October 2010

From Bloomberg: Islamic bonds in Malaysia are luring global investors seeking to profit from Asia’s second-best performing emerging-market currency, driving yields to lows.

The 5.9 percent Shariah-compliant notes maturing in December 2016 issued by Binariang GSM Sdn., owner of Malaysia’s largest mobile-phone operator, returned 10.4 percent so far this year, according to exchange operator Bursa Malaysia Bhd…………………………………….Full Article: Source

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