Japan’s Nomura to Issue $100 Million Sukuk
On July 7, 2010 · In Islamic Bonds, Islamic Finance, Islamization, Japan, Shariah Bonds, Shariah Finance, SUKUK
Nomura Holdings Inc has appointed Kuwait Finance House (Malaysia) Berhad (KFHMB) as the mandated lead arranger (MLA) for the proposed issuance of a two-year Sukuk (Islamic bond) of US$100 million.
This issuance marks the first United States dollar-denominated sukuk for a Japanese multinational corporation issued out of Malaysia.
Takumi Shibata, Deputy President and Chief Operating Officer of Nomura Holdings reckoned that Tokyo-based Nomura, a leading financial services group and an investment bank with worldwide reach, had now opened the way for other Japanese corporations to tap the Sharia finance market.
http://www.japantoday.com/category/business/view/nomura-to-issue-islamic-bonds-worth-100-million
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