THAILAND - CAPITAL MARKETS - Thailand Islamic Bank Sukuk Issue 5 Billion Baht

WWW.REPUBLIKA.CO.ID, BANGKOK - State-owned Bank, Islamic Bank of Thailand, plans to issue Islamic bonds (sukuk) early in the next two months. The value of sukuk issuance has reached 5 billion baht or equivalent to 162.6 million U.S. dollars.

Tenor sukuk issuance is planned for up to five years. Bank CIMB Islamic Bank was appointed as the underwriter. Sukuk issuance market segmentation targeting domestic and corporate investors in Malaysia and Hong Kong.

Thailand plans to build the sukuk market to grow the Islamic financial sector. It follows the issuance of tax regulations in May 2011. Sukuk issuance will be used to finance infrastructure projects. (source)



Deputy at the Ministry of Finance Thailand, Viroon Tejapaibul, admitted sukuk issuance of Islamic Banking Thailand will soon be done. "We are also committed to building the Islamic banking system," he told Reuters on Thursday (29/3).

Thailand has a Muslim population of about 9.5 million people. Most of the population live in rural areas that lack banking services untouched.

Thailand Islamic Bank opened in 2003 and became a state bank under the Ministry of Finance. After standing, the bank began to expand the network to reach customers and 110 branches. At present, Thailand's market share of Islamic Banking reaches two percent compared to the local banking industry.

Bank Syariah Thailand Terbitkan Sukuk 5 Miliar Baht

Kamis, 29 Maret 2012, 22:29 WIB

Berita Terkait

REPUBLIKA.CO.ID, BANGKOK – Bank milik negara, Bank Syariah Thailand, berencana menerbitkan obligasi syariah (sukuk) perdana dalam dua bulan ke depan. Nilai penerbitan sukuk tersebut mencapai 5 miliar baht atau setara 162,6 juta dolar AS.

Tenor penerbitan sukuk direncanakan hingga lima tahun. Bank syariah tersebut menunjuk Bank CIMB sebagai underwriter. Penerbitan sukuk menyasar segmentasi pasar domestik dan investor korporasi di Malaysia dan Hongkong.

Thailand berencana membangun pasar sukuk untuk menumbuhkan sektor keuangan syariah. Hal itu menyusul diterbitkannya regulasi pajak pada Mei 2011. Penerbitan sukuk tersebut akan digunakan untuk membiayai proyek infrastruktur.

Deputi di Kementrian Keuangan Thailand, Viroon Tejapaibul, mengakui penerbitan sukuk dari Bank Syariah Thailand akan segera dilakukan. "Kami juga berkomitmen untuk membangun sistem perbankan syariah," ujarnya seperti dikutip Reuters, Kamis (29/3).

Thailand memiliki populasi Muslim sekitar 9,5 juta jiwa. Sebagian besar dari populasi tersebut tinggal di daerah pedesaan yang minim tersentuh layanan perbankan.

Bank Syariah Thailand dibuka pada 2003 dan menjadi bank negara di bawah Kementerian Keuangan. Setelah berdiri, bank itu mulai ekspansi jaringan untuk menjangkau nasabah hingga 110 kantor cabang. Saat ini, pangsa pasar Bank Syariah Thailand mencapai dua persen dibandingkan perbankan nasional setempat.

Source :  http://www.republika.co.id/berita/ekonomi/keuangan/12/03/29/m1nkdc-bank-syariah-thailand-terbitkan-sukuk-5-miliar-baht - March 29, 2012 - google translate