Islamic funds have come through a difficult period, registering a growth of seven per cent last year; however, compared to the conventional market, they remain a poor relation.
Sukuk is soaring, with issuances set to surpass the record levels set in 2011. Issuances in the first quarter of 2012 have already reached approximately $43 billion worldwide, which is nearly half of the total issuance in 2011………………………………………..Full Article: Source