Hong Kong rolls out 10yr sukuk to set benchmark
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Asia

Hong Kong rolls out 10yr sukuk to set benchmark

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Hong Kong dove into the Islamic finance market this week, setting a new benchmark by becoming the first triple-A rated government to sell a 10 year sukuk. Bankers say that the hope is for corporates to follow suit, but there is a slew of challenges for the market to take off, writes Morgan Davis.

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