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

Sukuk price sees 29% increase

Posted on 01 June 2009

From Business24-7.ae: The average price of GCC corporate Islamic bonds, or sukuk, has jumped by a dramatic 29 per cent since the market reached its trough in February, a reflection that confidence in the Gulf is recovering fast, international law firm Trowers & Hamlins said yesterday.

In comparison, the average price of US corporate bonds remained virtually unchanged (falling two per cent) over the same period…….Full Article: Source

 
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