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

Goldman’s Sukuk will help Islamic finance penetrate the West

Posted on 02 November 2011

The groundbreaking planned sukuk issuance of USD 2 billion by Goldman Sachs will set new heights for the Islamic finance industry. Goldman might use the Saudi and UAE currencies. One reason why they have not confirmed such usage is the fact that there might be concerns over the reaction of the Muslims during their upcoming GCC roadshow.
Such reaction might revolve around the usage of their funds in funding conventional activities of the bank………………………………………..Full Article: Source

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


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