CIMB Islamic has USD 2.5 bn Sukuk in pipeline / plans infrastructure fund

B.K. SIDHU reported in The Star Malaysia on 30 Marcht that it has won 19 mandeates to raise nearly USD 2.5 bn from the Islamic capital markets and that it is planned to launch a USD 500 mn infrastructure fund. The issuers of the Sukuk are partially situated in the Gulf including a sovereign.

Badlisyah Abdul Ghani is the CIMB Islamic chief executive officer.