Bangladesh Turns to Investors in Malaysia and the UAE to Secure Long-term Sukuk for Investments
February 13, 2021 | Updated at February 14, 2021
Bangladesh is looking to attract investors from established Islamic finance markets like the United Arab Emirates (UAE) and Malaysia, to buy-in to its Sukuk issuances, in the hope of attracting long-term Shariah-compliant financing. Experts convened at the conference titled ‘Sukuk: The New Investment Opportunity in Bangladesh’ held in the UAE with the aim of promoting Bangladesh as another potential investment destination for foreign investors. The four-day seminar was organised by the Bangladesh Securities and Exchange Commission (BSEC) with the aim of attracting foreign investors, and non-resident Bangladeshis (NRBs) to invest in Bangladesh.
As one of the key components of the Islamic finance system, Sukuk is viewed as a suitable source of long-term financing to s...