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U.A.E. Sukuk gain on debt restructure, yields: Islamic finance

Posted on 10 January 2011

From Bloomberg: Islamic bonds from the United Arab Emirates are poised to extend gains after climbing to a record last week, buoyed by progress in debt restructuring and a pickup in appetite for high-yielding assets in the Persian Gulf.
The HSBC/NASDAQ Dubai UAE US Dollar Sukuk Index, which tracks 10 sovereign and corporate securities, climbed to 131.15 on Jan. 4, the highest since HSBC started tracking their performance in January 2005……………………………………….Full Article: Source

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