IslamicFinance.de

The following borrowers are anticipated to sell Islamic bonds, which use asset returns to pay investors to acceed with the religion’s ban on interest: MAJID AL FUTTAIM HOLDING LLC, ALBARAKA TURK KATILIM BANKASI AS (ALBRK), ASYA KATILIM BANKASI AS (ASYAB), GOLDMAN SACHS GROUP INC. (GS) , ALMARAI CO, MYDIN MOHAMED HOLDINGS BHD., BARWA BANK, ISLAMIC BANK OF THAILAND, PALESTINE MONETARY AUTHORITY:, INTERNATIONAL ISLAMIC LIQUIDITY MANAGEMENT CORP., AL BARAKA BANK EGYPT ESC and many others.

Qatar Islamic Bank (QIBK) acting CEO Ahmad Meshari declined to comment on a report in Haberturk newspaper on March 10 that the bank plans to buy 25 % of Asya Katilim.