Sun, Aug 31, 2014
A A A
Welcome bhaimia
RSS

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

Sukuk market proved resilient in the face of the crisis

Posted on 04 October 2011

Jarmo Kotilaine, Chief Economist NCB Capital, Saudi Arabia’s largest investment bank and leading GCC wealth manager, said that global Islamic banks’ assets have increased considerably from $145 billion in 2002 to $1,033 billion in 2010.
Kotilaine reported that the sukuk market proved resilient in the face of the crisis, stating that globally, funds raised through sukuk issues grew from $2.8 billion in 2001 to $53.2 billion in 2010 and even during the tumultuous period of 2008-2009 funds raised from sukuk increased significantly……………………………………….Full Article: Source

 
Article link

This post was written by:

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


Contact the author

Comments are closed.

August 2014
M T W T F S S
« May    
 123
45678910
11121314151617
18192021222324
25262728293031