Tue, May 21, 2013
A A A
Welcome bhaimia
RSS

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

Sukuk financing gains momentum in Saudi Arabia

Posted on 15 June 2009

From Khaleejtimes.com: The global financial crisis and its ongoing consequences have affected all asset classes across the world; sukuk are no exception. Currently, the sukuk market is valued at about $73.50 billion spread out across 83 issues, with the UAE dominating with a 69 per cent share.

While $33.58 billion of sukuk are coming up for maturity during the next three years, Ernst & Young estimates that sukuk worth $27.5 billionn will be issued in 2009 with growth likely to be driven by demand for credit across infrastructure projects in the GCC………Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
May 2013
M T W T F S S
« Apr    
 12345
6789101112
13141516171819
20212223242526
2728293031