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Islamic Finance Briefing - Categorized | Investment, Market Moves more

Gulf increasingly seen as a ‘safe haven’

Posted on 23 July 2012

The second quarter of this year saw the GCC financial markets put up a show of considerable resilience in the face of elevated global economic uncertainty as the Euro zone crisis deteriorated.
The Sukuk market has remained one of the brightest spots of the GCC financial sector over the past quarter. Although overall issuance in Q2 fell short of the volumes seen in the opening months of the year, many of the positive trends observed during the past year have not only continued but been further consolidated………………………………………..Full Article: Source

 
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