A recent spate of Islamic bond issues in the Gulf region is setting up the fledging sector for a strong second half of 2011, as borrowers look to benefit from attractive pricing and improving investor sentiment.
The flurry of activity, including two Gulf sukuk issues in the past week — by Islamic Development Bank and Sharjah Islamic Bank — and several more in the pipeline, were seen as signs the sukuk market may be embarking on a recovery……………………………………….Full Article: Source