The Thomson Reuters Investment Grade Sukuk Index is at 109.26628 points, down from 109.26817 at end-March but up from 107.28036 at the end of 2013. MALAYSIA - The Malaysian government will raise 2.6 billion ringgit ($797 million) via Islamic bonds on April 7 to finance new and existing housing loans held by government servants. BUMI ARMADA - Malaysian oil field services firm Bumi Armada said in March it planned to raise up to 1.5 billion ringgit in Islamic bonds, after it received approval from the securities commission. SAUDI INVESTMENT BANK - Saudi Investment Bank has picked the investment banking arm of Riyad Bank to arrange a subordinated Islamic bond issue, banking sources said; Read More http://ift.tt/1h2wdjR
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