Khazanah May Issue the First Yuan-Denominated Islamic Bonds
Posted on 09/19/2011
Khazanah Nasional Berhad, the Malaysian sovereign wealth fund, is planning to raise capital by issuing the world’s first yuan-denominated Islamic bonds, a blend of Chinese currency and Islamic financial structure. The raise amount is targeted at 500 million yuan (US$ 78.2 million), which is a small amount; however, we believe Khazanah and other Islamic financiers […]
