The subcontinent, which houses the world's third largest Muslim population, resisted Islamic finance for a long time, but demand has become too big for the authorities to ignore.
The subcontinent, which houses the world's third largest Muslim population, resisted Islamic finance for a long time, but demand has become too big for the authorities to ignore.
Khazanah Nasional Bhd, a Malaysian state investor, is planning a new exchangeable Islamic bond or sukuk, IFR reported on Wednesday, citing people with knowledge of the deal.