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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Performance more

Saudi Arabia Sukuk issuance and its share of Islamic financial assets

Posted on 11 April 2013

GCC’s sukuk issuances are set to reach around $35 bn in 2013 according to estimates by Global Islamic Finance Magazine. According to recent Kuwait Financial House report Saudi Arabia issued $10.5bn in sukuk in 2012, a 278% increase over 2011.
This volume of Sukuk Issuing put the country at the second position in 2012 after Malaysia. Meanwhile issuing of sukuk was followed by $4bn General Authority for Civil Aviation offering, the first government-backed sharia-compliant bond issue, and the single-largest sukuk anywhere to date………………………………………..Full Article: Source

 
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Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


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