Issuance of Islamic bonds more than doubled in the first half of 2011 compared to the same period last year as Qatar found its way into the market while Malaysia sustained its dominance. The year is expected to be the best on record as geographical expansion continues.
As the first half of 2011 comes to a close, here is a recap of some of the developments that marked the sukuk landscape till June. In terms of geographical breakdown, Malaysia continued to dominate the market with over 62% of sukuk issued, followed by Qatar (20.6%). For the first time, Qatar beat the UAE as the main issuer of sukuk from the GCC……………………………………….Full Article: Source