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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Performance more

UAE sukuk gain on debt restructure, yields

Posted on 11 January 2011

From Arabianbusiness.com: 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 Arabian Gulf.
The HSBC/NASDAQ Dubai UAE US Dollar Sukuk Index, which tracks ten sovereign and corporate securities, climbed to 131.15 on January 4, the highest since HSBC started tracking their performance in January 2005……………………………………….Full Article: Source

 
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