| 23.06.2009 - Bahrain to bridge deficit with $530.5 mln sukuk |
| From Lse.co.uk: Bahrain plans an Islamic bond issue of about $530.5 million in its local currency to cover its budget deficit, the Gulf Arab kingdom's central bank governor was quoted on Monday as saying. The planned sovereign Islamic bond would be the first government sukuk to be issued in dinars, and would come at the 'appropriate time', Rasheed al-Maraj told the daily Asharq al-Awsat newspaper in an interview........Full Article: Source |