Sri Lanka could issue Islamic finance sovereign bonds: official

May 18, 2016 (LBO) – Sri Lanka could issue Islamic finance sovereign bonds or ‘Sukuks’ and take the lead in becoming a regional centre for Islamic financial services, an official said. “We can think of being an Islamic Banking and Finance hub for the region,” Shibly Aziz, President Bar Association said while delivering the keynote […]

Sri Lanka’s Hayleys to raise Rs2bn in listed debt

May 17, 2016 (LBO) – Diversified Hayleys Plc is planning to raise as much as 2 billion rupees from a sale of debentures which will be quoted on the Colombo Stock Exchange. The stock exchange said the company wanted to sell up to 20 million debentures at 100 rupees each. Capital Alliance Partners and People’s […]

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