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

Sukuk and the global banking village

Posted on 18 May 2011

The exponential growth of Islamic banking since its emergence in the late 1970’s was interrupted by the ice age in the post-Lehman capital markets in 2008-09, the default of international sukuk issues by high profile borrowers, the Nakheel standstill shock and subsequent Dubai World debt restructuring, and now the MENA unrest.
With assets estimated at a trillion dollars, Islamic finance is no longer a miniscule, exotic niche of the global banking village……………………………………….Full Article: Source

 
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Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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