Strong investor demand supported by improving liquidity is expected to boost both issuance and performance of sukuk this year, according to rating agency Standard & Poor’s. “Global issuance expanded for the fourth year in a row in 2012, growing 64 per cent to about $138 billion, and we expect another strong few years,” said Standard & Poor’s credit analyst Paul-Henri Pruvost.
While sukuk is still considered an alternative investment, Standard & Poor’s Ratings Services believes it has the potential to grow and join the mainstream fixed income universe………………………………………..Full Article: Source