23.08.2010 - Kazakhstan bonds with Sharia-compliant finance
From Thenational.ae: Given a choice between a sukuk or a plain-vanilla eurobond, most countries outside the Middle East and certain parts of South East Asia would tend to take the western option. But not Kazakhstan. Last month, the emerging central Asian oil giant dropped plans to issue a US$750 million (Dh2.75 billion) eurobond, while proceeding with plans to issue a $500m Islamic bond its first sovereign issuance in a decade...........................................Full Article: Source
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