From Arabnews.com: There is growing optimism about the immediate prospects for the Islamic finance industry starting in 2011.
Last week in Oxford, Muhammad Al-Jasser, governor of the Saudi Arabian Monetary Agency (SAMA), emphasized that sukuk have a great potential in the Saudi and Gulf market and SAMA encourages banks and corporates to go down the sukuk route and would like to see the local credit market diversified from bank finance to corporate bonds and sukuk……………………………………….Full Article: Source