MIDDLE EAST INTO ASIA - The Shari'ah wave

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MIDDLE EAST INTO ASIA - The Shari'ah wave

May 11, 2006 (Last updated: November 26, 2008)

Middle Eastern money is on a fast-track into the region, with Asian economies rolling out Shari'ah-compliant products catering to the Islamic dollar. It's a promising start, and Asia's own substantial Muslim population is next in line. Anne Hyland reports.

Asia is awakening to the power of the Islamic dollar. The suite of financial products vying for that market has expanded rapidly across the region in recent years, responding to a growing wave of investment flows from the Middle East.

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SOUTHEAST ASIA DCM

Rank

Bookrunner Parents

Deal Value $ (Proceeds) (m)

No.

%share

2012 YTD Rank

HSBC

4,160

8.3

Standard Chartered Bank

4,110

8.2

Goldman Sachs

3,666

7.3

Deutsche Bank

3,354

6.7

Citi

2,774

5.5

DBS

2,341

4.6

JPMorgan

2,288

4.5

CIMB Group

2,095

4.2

Siam Commercial Bank

1,835

3.6

RHB Capital Bhd

1,688

3.4

Subtotal

28,311

161

56.2

Total

50,423

249

100.0

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