After a multi-year, crisis-induced lull, the sukuk market is back on the rise. But is it a realistic alternative to traditional bonds? This year has seen a dramatic increase in sukuk issuance as a proportion of debt issuance.
Such structures are appealing for their simplicity and capture a public and regulatory mood that has swung decisively away from the complexity that characterised pre-crisis structures, even setting aside their ethical and religious dimension………………………………………..Full Article: Source