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

Sukuk market to see strong growth

Posted on 06 February 2012

The Islamic finance industry is expected to continue to enlarge and deepen its footprint in the next 11 months, an economist said. RAM Rating Services Bhd Islamic ratings head Zakariya Othman said core markets like Malaysia and Gulf Cooperation Countries (GCC) would further build on their strong performances.

He added that while Malaysia and GCC would continue to dominate, organic growth was also expected to come from markets in Indonesia, Central Asia and Africa. Zakariya said as traditional sources of funding started to dry up, diversification of financing sources was becoming vital………………………………………Full Article: Source

 
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