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Goldman sets up $2bn sukuk programme

Mon, 2011-10-24 15:17 — newsdesk

Goldman Sachs has recorded a $2 billion Islamic bond programme, contributing with further evidence of conventional borrowers looking to sharia-complaint funding sources as market volatility makes raising debt finance more difficult.
The investment bank has set up the Cayman Islands-registered Global Sukuk Company Limited special purpose vehicle to launch murabaha-structured sukuk.
The sharia adviser of the programme is Dar Al Istithmar Limited.

Source: 

http://www.tradearabia.com/news/cm_206821.html