Monday, January 5, 2009

Growing Sukuk investment opportunities

Increasing Demand for Sukuk issues among issuers from Muslim
countries as well as other jurisdictions
Islamic financial institutions are seeking to diversify their portfolio
and increase their portfolio size of tradable instruments with fixed
income profile
• Sukuk can be used to create Sukuk funds for retail distribution
• Once Sukuk Fund concept become more popular demand for Sukuk
issues will surge exponentially
• Sukuk can be developed into a Money Market instrument
• Sukuk can play a major role in the development of Islamic Inter-
Bank or Short term Islamic Finance market
• Appetite for Sukuk among Reserve Managers and non-bank
financial institutions increasing
– Central banks, state fund managers, insurance & takaful companies,
are keen to invest in Sukuk issues as seen in all the sovereign sukuk
issues
.
– Islamic FI’s and also Western FI’s

Saturday, June 14, 2008

Japan will Publish Islamic Sukuk in Malaysia

Dream Japan to be able to publish Moslem law obligation or of sukuk form will during near by. international Defrayal institute of state, Japan Bank of for International Cooperation ( JBIC), ascertaining plan publish October sukuk come Malaysia. Interest of Japan to publish sukuk triggered by country ambition of sakura that draw invesment fund hundreds of million dollar of natural Mid-East state of excess of likuiditas effect of world oil increase of price. His plan, the JBIC sukuk will be supported by asset underlying in the form of various commercialized product Stock Metal of London or of London Metal Exchange (LME). That thing is submitted by Departmental Director-General of Defrayal of Energi and Natural Resources of JBIC, Tadashi Maeda as news situs dilansir of bloomberg.

Two-And-A-Half rupiah and ACE dollar According to Maeda, as early stage, the JBIC sukuk planned to publish in Malaysia. Besides, the sukuk of berdenominasi in currency mill for the price of 200 till 300 million ACE dollar. '' We wish to see more mint of money oils emiting a stream of to step into Asian market and Malaysia is best located to publish sukuk,'' he said. Maeda mention, to support publication of sukuk, Japan will found new company. The company will undertake to manage fund of sukuk which netted. In his realization, Japan will rent a[n financial institution to study founding process. '' Pricing of sukuk will be determined performa of Japan product contract in LME,'' he said. Every year commerce of plastic and metal LME estimated to reach more than 4,5 ACE dollar triliun. The Commerce also cover copper, aluminium, and nickel. Maeda mention, JBIC also berencana publish sukuk in other denominasi. In consequence, publication of sukuk hereinafter, used denominasi will in the form of ACE dollar. '' Besides, publication also will be done in Mid-East,'' he said. Pursuant to data of kompilasi Bloomberg, up to now assess publication of tired sukuk 16,3 ACE dollar milliard in world. The amount is compositions [about/around] 89 percentage of totalizing publication of sukuk last year, namely 18,3 ACE dollar milliard. In this time Malaysia is state with value publication of biggest sukuk in world. State populate around 27 million, about 60 % are Moslem. Up to now, Malaysia popularitas as state of[is developer of Moslem law finance progressively mount South-East Asia region.

Even, State Bank of Malaysia ( Middle BNM) intensively invite various company world to publish sukuk in neighbour country. Monday, ( 30 / 7), then Deputi Governor of BNM, Dato Mohammad Razif Abdul Kadi come pay a visiting to Indonesia to invite local company publish sukuk state. His reason, publication of sukuk state enough cheap and quickly. Besides, interesting effort various the state to publish sukuk in Malaysia is effort of BNM support realization make Malaysia as monetary center world Moslem law. News Situs of Australian.Net, Tuesday, ( 31 / 7) mentioning company of biggest sekuritas both in Japan, Daiwa, expressing the plan of to register invesment product of exchange-traded fund Asian FTSE-SGX of Shariah100 Index. The Product in line with Moslem law principle and based on a number of shares company of Japan. Besides, the product expected can net Moslem law invesment fund about 100 till 118 million dollar of AS.NILAI publication of tired sukuk 16,3 ACE dollar milliard in world. The amount is compositions around 89 percentage of totalizing publication of sukuk last year, namely 18,3 ACE dollar milliard. In this time Malaysia is state with value publication of biggest sukuk in world. State populate around 27 million, around 60 % are Moslem. Up to now, Malaysia popularitas as state of[is developer of Moslem law finance progressively mount in South-East Asia region.

Friday, June 13, 2008

Islamic Sukuk Indonesia Can Defeat Malaysia

Indonesia estimated can defeat Malaysia in the case of publication of global sukuk of state. Mentioned laid open by Senior Vice of President HSBC Trust, Mahmoud Abushamma. According to Mahmoud, even Malaysia predominate value publication of world sukuk, but that state only owning one global sukuk of state.

Single global sukuk of state of Malaysia that is published at July 2002 with value 600 million ACE dollar. Whereas, global sukuk of tired Indonesia projection state one ACE dollar milliard. '' This Year, if Indonesia become to publish sukuk one ACE dollar milliard, Malaysia will fail,'' say Mahmoud.

Besides, Mahmoud also tell, Indonesia have big Potency become monetary hub of South-East Asia Moslem law at 2012. According to him, Indonesia have various supporter potency which do not have other state in South-East Asia namely mount highest growth in South-East Asia. Besides, word of Mahmoud, Indonesia also have many valuable infrastructure projects hundreds of ACE dollar milliard.

In a few years forwards, according to him, Indonesia require fund equal to 150 ACE dollar milliard to defray the project of infrastructure. If requirement of the fund fulfilled to through defrayal of Moslem law, hence Indonesia can become one of the important state in keungan of world Moslem law. That thing also able to push growth of monetary industry and banking of local Moslem law.

Mahmoud mention, accomplishment of requirement of infrastructure fund through defrayal of possible Moslem law of terealisasi. The mentioned have been supported the ratifying of Law Marketable Securities Moslem law State ( SBSN) becoming the basis publication of valuable state sukuk of billion rupiahs.

Potency Indonesia defeat Malaysian sukuk also isn't it Director of Batasa Tazkia, Heriyakto S Hartomo. According to him, opportunity of Indonesia become monetary hub of Moslem law in South-East Asia at 2012 big enough is true. .'' I predict projection that Indonesia become monetary hub of Moslem law at 2012 well founded,'' he said.

He tells, virtual Mid-East investor have wish to enter to have invesment in Indonesia. More than anything else with condition in this time where middle them experience of fund overlikuditas effect of the going up of world oil price. But, for no interesting Moslem law invesment instrument him like sukuk, they decide to delay invesment. '' Finally they park the fund of is in Malaysia to step into Indonesia '' say Heriyakto.