December 30, 2008 / 1:20 AM / 11 years ago

Japan investors interested in Islamic products-report

KUALA LUMPUR, Dec 30 (Reuters) - Japanese investors have expressed interest in developing Islamic capital market products, a local newspaper quoted Aseambankers Chief Executive Officer Mohammed Rashdan Mohammed Yusof as saying on Tuesday.

Yusof did not name the interested Japanese companies or provide a timeframe of the proposed deal but said Aseambankers, the investment banking arm of Malaysia’s state-controlled top lender Maybank (MBBM.KL), plans to develop the sukuk market in Japan.

“We are seriously looking into this (Japanese) market,” the Business Times newspaper quoted Yusof as saying. (Reporting by Varsha Tickoo; Editing by Kazunori Takada)

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