Qatar Sukuk pushes up LFX market cap to US$3bil


  • Business
  • Thursday, 29 Jan 2004

THE listing of the inaugural Sukuk by the Government of Qatar on the Labuan International Financial Exchange (LFX) yesterday increased the market capitalisation of the exchange to US$2.95bil.  

The secondary listing of the US$700mil Trust Certificates (Sukuk) due 2010 of Qatar Global Sukuk is the 14th listing on LFX, said a joint statement by LFX and Commerce International Merchant Bankers Bhd (CIMB). 

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