Showing posts with label tradable. Show all posts
Showing posts with label tradable. Show all posts

Saturday, August 21, 2010

OPINION - SUKUK - UK firm to launch first European corporate sukuk (earlier post)

original post :  http://islamicfinanceindonesia.blogspot.com/2010/08/uk-firm-to-launch-first-european.html

My mind has been pondering a bit on this news item.

Trad-able Sukuk with 4 years maturity (regular) with a prospect return of 10 % per annum (acceptable) for a UK SME (rather strange, but exciting news for the Indonesian SME), for 10 million USD (interesting small amount for a Sukuk - again interesting for the Indonesian SME).

And then : because of the size, probably no rating - so difficult to place - though a secured structure (as Sukuk Ijara) would probably be helpful.