Mon, Sep 22, 2014
A A A
Welcome bhaimia
RSS

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

Bumper year for sukuk issuance

Posted on 22 May 2012

Last year was a bumper year for the issuance of sukuk. Luxembourg for Finance chief executive Fernand Grulms told delegates at the conference that $85 billion were issued in 2011 which was two-and-a-half times the pre-financial crisis record of $33bn issued in 2007. “This huge increase indicates that the Islamic capital markets are back in the game,” he said.
“Nevertheless, we should set the figure in context. In the conventional debt markets, in 2011, $5.4 trillion were issued in the US alone and the sukuk market in 2011 was driven largely by Malaysia. In other words, the short answer to the question of are Islamic investments building international reach and scale is a yes and a no.”……………………………………….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.

banner
September 2014
M T W T F S S
« May    
1234567
891011121314
15161718192021
22232425262728
2930