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GE eyes Islamic bond issue in 'near future'

General Electric may tap Islamic bond market again after financial arm sold $500m in sukuk in November last year

General Electric may tap the Islamic bond market again in "the near future," after the company last year became the first US corporate to issue a sukuk, GE's president for the Middle East and Africa said on Monday.

"We were very excited about that issue, I think it was very successful," Nabil Habayeb, who is also GE's chief executive officer for the region, said at a press conference. "We will be looking at another set in the near future."

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