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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Emerging Trends, New Launches more

Sukuk may entice Canada to issue $2 bln

Posted on 19 October 2010

From Bloomberg: The growing demand for securities that meet Islamic religious principles may lead Canadian governments and companies to start issuing Shariah bonds.
HSBC Bank Canada may offer $500 million and three government-related borrowers from one Canadian province may issue $1.5 billion of sukuk, Omar Kalair, chief executive officer of Toronto-based UM Financial, said………………………………………Full Article: Source

 
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