Πεμ, 26 Μαΐου 2011 - 16:59
SaudiBasic Industries Corp., or Sabic, the Middle East's largest listed company, isn't considering issuing any Islamic bonds, or sukuk, this year but is mulling other funding options, the petrochemical giant's top executive said Thursday.
Mohammed Al Mady, Sabic's chief executive officer and vice chairman, said on the sidelines of the Arabic Economic Forum in Beirut that the company has the capability to finance its operations through means other than sukuk and conventional bonds such as commercial banks or its own equity