Because of the financial and political uncertainty in the region, Noor Islamic Bank does not expect the Islamic bond market to ameliorate for another three years.
Hussain Al Qemzi stated that three years from now the sukuk will come back stronger.
Tagged: HSBC Middle East
It seems that HSBC Middle East is going to meet investors in Asia and Europe for a potential sukuk issue. The meetings will take place in Singapore, Kuala Lumpur, Hong Kong and London.
In order to strengthen its relations with the Middle East and India, Jersey Finance wants to open a new overseas office.
The plan is to succeed this in the first quarter of 2011.
The organisation has two other overseas offices, in London and Hong Kong….