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KFH, $200m China sukuk
- Kuwait: Saturday, September 09 - 2006 at 08:10
The Kuwait Finance House is set to launch the first Islamic bond issue in China, reported Reuters. The $200m sukuk for a Chinese private sector corporate firm will be used to fund a power plant project. Salman Younis, who heads up KFH's regional operations, said that the sukuk is a few weeks away from being issued.
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Jonathan Sheikh-Miller, Deputy EditorSaturday, September 09 - 2006 at 08:10 UAE local time (GMT+4)
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This article was updated on Wed Oct 04 2006.
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