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Islamic Finance Briefing - Categorized | Capital Market (Equity, Mutual Funds), Emerging Trends more

Saudi- Islamic capital markets to witness unprecedented growth

Posted on 30 July 2012

Saudi Arabia has proved its potential in the capital markets issuance space in 2012, with a slew of high-profile sukuk issuances backed by the government.
The single largest sukuk issue ever originated from Saudi Arabia in January 2012, worth $4 billion, by the General Authority of Civil Aviation (GACA). The Kingdom’s sukuk market is now considered the third largest in the world after Malaysia and the UAE and is expected to continue to climb up the issuance ladder moving forward………………………………………..Full Article: Source

 
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