| From Thepeninsulaqatar.com: The Philippines is looking at issuing its first ever sukuk, or Islamic bonds, worth around $500, said a banker familiar with the transaction, as the government seeks to diversify its debt profile.
The issue could be done through state enterprises like the National Power Corp, which is raising 15bn pesos ($325m) for its Small Power Utilities Group project, said Roberto Juanchito Dispo, executive vice president at First Metro Investment Corp..........................................Full Article: Source |