Islamic Finance
Market Forecasts
Uncategorized
Islamic banks 'should issue perpetual sukuk'
Islamic banks have an incentive to issue perpetual sukuk with Basel III in the offing, a leading Islamic finance scholar has said. According to Shaikh Nizam Yaquby, perpetual bonds/sukuk are classified as tier 1 capital under the new norms. "Due to their attractive features (low rate of interest, non-dilutive, no…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Trade Arabia