Wednesday, August 18, 2010

BANKING - SUKUK - Indonesia's Muamalat eyes $100 mln dollar sukuk in 2011

Aug 6 (Reuters) - PT Bank Muamalat, Indonesia's second-biggest sharia lender, said on Friday it plans to issue a dollar-denominated sukuk to raise about $100 million next year in order to increase its lending.

The company said in April that it intends to issue Islamic debt but declined to give details of the sukuk issue. [ID:nJAK507778] (Reporting by Fathiya Dahrul, Editing by Sara Webb)

http://www.reuters.com/article/idUSJKB00384620100806 Aug 6, 2010

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