Panda bonds are gaining in popularity and while they offer an interesting avenue for Islamic fundraising, the vast pool of liquidity offered by the mainland Chinese market also has the potential to lure prospective issuers away from Islamic issuance. The cover story this week delves deep into the potential possibilities, and drawbacks, Chinese yuan bonds could bring to the Sukuk market.
In this issue, we also take a look at the global corporate Sukuk market – which has shown promising progress – as well as the Central Asian region, which has been aggressively pushing its Islamic finance agenda. We shine the spotlight on Azerbaijan’s first Islamic private equity firm and break down Rajawali Nusantara Indonesia’s latest Sukuk offering. Stay updated with timely reports from nine of our correspondents.
We have an array of articles from experts and market practitioners including features on Russia, Sri Lanka, Islamic (re)insurance and Islamic wealth management in Singapore. And our columnist Hussain Kureshi shares his views on Islamic cooperatives this month.
It was a nice break for Eid Al Adha and we’re delighted to bring you yet another bumper issue this week. As usual, we wish you an informative and insightful read.