Showing posts with label tradingcharts. Show all posts
Showing posts with label tradingcharts. Show all posts

Saturday, June 02, 2012

INDONESIA - CAPITAL MARKETS - Bank Muamalat gears up for Islamic debt issue in third week of June

futures.tradingcharts.com - Indonesia-based Islamic Sharia-compliant lender PT Bank Muamalat is set to place an IDR800bn (USD84.7m/EUR67.5m) sukuk in the third week of June, The Jakarta Post reported on Tuesday. The deal falls within the bank's strategy to beef up its financial resources with IDR1.5trn capital. Bank Muamalat aims to reach the target by raising the remaining IDR700bn by the first half of next year, the paper said. (source)