From Kippreport.com: Bahrain-based Islamic investment bank Elaf Bank plans to arrange Islamic bonds in South East Asia and sees the stagnant Gulf market shifting towards smaller issuers, its chief executive said on Tuesday.
Islamic bond, or sukuk, issuance in the Gulf Arab region fell about 40 percent year-on-year in 2010, according to Thomson Reuters data, with only a handful of mostly government-related issuers coming to the market……………………………………….Full Article: Source