Philippines to join other Asian nations in testing 'sukuk' as viable funding option

Philippines to join other Asian nations in testing 'sukuk' as viable funding option

Photo: FreeDigitalPhotos.net/anankkml

Plans by the Philippines to sell Islamic bonds could open a new source of financing for the incoming government of Rodrigo Duterte, but its success may depend on how generous Manila is on pricing and Middle East investors’ response to new entrants in the market.

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