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

Sukuk sales to reach $44 bln this year on demand, HSBC says

Posted on 13 January 2012

Sales of Islamic bonds may rise to $44 billion this year as demand outstrips supply and as Asian and Middle East investors tap the market complying with Islamic banking rulings, HSBC Holdings Plc said.
“We expect a significant increase in sukuk issuance this year because it performed well against the financial crisis and liquidity crunch in 2011,” said Mohammed Dawood, managing director of Islamic global markets at HSBC Amanah. “The sukuk market is already off to a strong start in 2012. This January is the busiest we’ve seen in this market.”……………………………………….Full Article: Source

 
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