Indonesia, Taqa, Tamweel, Qatar, Bahrain: Islamic Bond Alert - Bloomberg

The following borrowers are expected to sell Islamic bonds, which use asset returns to pay investors to comply with the religion’s ban on interest.

Global sales of sukuk climbed to $17.9 billion in 2011, from $11.8 billion a year earlier, according to data compiled by Bloomberg.

INDONESIA: The government may postpone a plan to issue global Islamic bonds this year because of market conditions, Bisnis Indonesia reported, citing Finance Minister Agus Martowardojo. Indonesia is waiting for the right timing to sell the debt, Bhimantara Widyajala, a director at the debt management office, said on Sept. 28.

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