Association of Islamic Banking Institutions Malaysia

Deutsche in talks for Asia sukuk deals

Saturday, 13 March 2010

KUALA LUMPUR, March 12 (Reuters) - Deutsche Bank (DBKGn.DE: Quote, Profile, Research) is in talks to arrange sukuk issues in Malaysia, Brunei, Indonesia and Pakistan as improving credit conditions bring issuers back to the market, a senior official said on Friday. Global sukuk issuance would probably rise 20-30 percent this year, helped by demand for Islamic assets, the lender said. Many issuers were likely to launch in the first half in anticipation of rising interest rates, it added. Read More