Islamic Finance
Uncategorized
SocGen Avoiding Goldman Missteps With $300m Sukuk Plan
Goldman Sachs tried to follow HSBC in late 2011 with a $2 billion sukuk programme, but Islamic scholars and analysts questioned whether the bank was obeying religious principles. With its plan to issue up to 1 billion Malaysian ringgit ($305 million) of Islamic bonds, Societe Generale appears to be avoiding…
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Click here to read the full story: Gulf Business