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Kazakhstan Plans $500M Sukuk Issue

哈萨克斯坦正寻求5亿美元的debu问题t sukuk.

    哈萨克斯坦正寻求5亿美元的debu问题t sukuk,Reutersreports. The nation is drafting new regulations, which will allow its finance ministry to sell sovereign sukuk before the end of this year.

    Kazakhstan is also planning to attract up to $10 billion in Islamic finance over the next five to seven years. Abu Dhabi-basedAl Hilal Bankstarted the first Islamic bank in Kazakhstan in 2010, while Malaysian trustee firm,Amanah Raya, is likely to set up the second Islamic bank later this year.

    Click here for the story fromReuters.

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