| 13.12.2011 - Saudi to issue riyal Sukuk early 2012 |
| Saudi Arabia is in talks with banks about issuing a riyal-denominated Islamic bond, or sukuk, five banking sources said. High-level discussions are currently ongoing between the Saudi Arabian Monetary Agency (Sama) and a number of local and international banks with operations in the kingdom regarding the details, the sources said, with an issue expected as early as the first quarter of next year...............................................Full Article: Source |