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

Saudi Arabian Islamic bond sales to rise

Posted on 10 August 2009

From Bloomberg: Sale of Islamic bonds, or sukuk, in Saudi Arabia will probably rise because companies need alternate funding sources as banks are reluctant to lend and the initial public-offering market is depressed, Jadwa Investment said.

“Companies needing to raise finance have generally used a combination of bank loans and IPOs,” Jadwa said in a research report received by e-mail late yesterday……….Full Article: Source

 
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