BIZ BUZZ: Retail ‘sukuk’ bond sale?

MANILA, Philippines — For Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr., financial conditions are now ripe for a domestic “sukuk” bond sale. At a press conference on Monday, Remolona said the government could make a killing with a local issuance of sukuk, a form of financing that is compliant with Islamic religious law Read The Rest at :

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