Issuance of corporate and infrastructure sukuk (securities that conform with Islamic law) has trended downward this year in the Gulf region and Malaysia, despite continued supportive market conditions such as low interest rates and appetite from investors.
Saudi Arabia's Advanced Petrochemical Co will seek shareholder approval next week to issue sukuk, helping it widen its funding sources, the company said in a bourse filing.
Saudi Arabia's Advanced Petrochemical Co will seek shareholder approval next week to issue sukuk, helping it widen its funding sources, the company said in a bourse filing.