18.03.2010 - SCB offers bonds to customers
From Brunei.fm: Standard Chartered Bank yesterday launched a new investment, offering its customers alternative investment solutions in the form of bonds. While SCB is the first bank in the country to introduce bonds as an investment product, it would not be the first to do so. The Ministry of Finance has been issuing syariah-compliant Sukuk Al-Ijarah (a subset of bonds), targeted at local institutions, while other financial institutions are also exploring the market for possible sukuk issuances to the general public......................................Full Article: Source
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