13.04.2011 - Malaysia plans $9.9 bln rail Sukuk
Malaysia plans to sell as much as 30 billion ringgit ($9.9 billion) of local-currency Islamic bonds under a program to help finance a mass-transit railway in Kuala Lumpur, a government official said. A special financing vehicle will be formed by the government to raise the funds which will be used for the country’s biggest infrastructure project to date, said the official, who couldn’t be named as details of the sale have yet to be finalized..............................................Full Article: Source
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