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

How Islamic world’s Sukuk market works

Posted on 21 September 2012

The Islamic religion forbids lending money at interest, a practice traditionally also frowned on by many Christian sects. Islamic — or Sharia — law does not prohibit investments as such and many Islamic investors have been keen in recent years to shift money out of oil and other local markets.
Western companies, meanwhile, have been keen to tap into the vast wealth of not only oil-rich Arabian states but emerging economies in Indonesia and Malaysia………………………………………..Full Article: Source

 
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