The future of Islamic bonds, or sukuk, is bright and Dubai has potential to become the world’s top sukuk market in coming years, a top official of Dubai Financial Market said.
“The outlook for sukuk market is good as its demand is very strong compared to conventional bonds. We are confident about the success of the sukuk market in Dubai,” Essa Kazim, managing director and chief executive of Dubai Financial Market (DFM), told Khaleej Times on the sidelines of the listing ceremony of Emirates airline’s sukuk on Nasdaq Dubai on Wednesday………………………………………..Full Article: Source