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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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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Emerging Trends, New Launches more
Sukuk may entice Canada to issue $2 bln
| Posted on 19 October 2010 |
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