| 19.10.2010 - Sukuk may entice Canada to issue $2 bln |
| From Bloomberg: The growing demand for securities that meet Islamic religious principles may lead Canadian governments and companies to start issuing Shariah bonds. HSBC Bank Canada may offer $500 million and three government-related borrowers from one Canadian province may issue $1.5 billion of sukuk, Omar Kalair, chief executive officer of Toronto-based UM Financial, said.............................................Full Article: Source |