Islamic bonds are lagging behind developing-nation debt for a second quarter as investors seek higher yields in non-investment grade securities.
Shariah-compliant notes returned 1.5 per cent this year, according to the HSBC/Nasdaq Dubai US Dollar Sukuk Index, while non-Islamic bonds in emerging-market countries gained 4.1 per cent, JPMorgan Chase’s EMBI Global Composite Index shows………………………………………..Full Article: Source