Nasdaq Dubai will “easily” become the world’s largest sukuk market by next year, acting CEO Hamed Ali said. Billions of dollars worth of sukuk – Sharia compliant Islamic bonds - are expected to be listed on the Nasdaq this year and in 2014, helping to propel it from being the third largest sukuk market globally to the first.
“If we consider the activities expected in the market this year and next year we can easily become number one within the coming one to two years,” Ali said………………………………………..Full Article: Source