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

Saudi urged to develop sukuk market

Posted on 11 August 2009

From Business24-7.ae: Saudi Arabia needs to develop a sukuk market to open up new business opportunities and ensure long-term funding for local investors amid tightening lending by banks, a Saudi investment company said yesterday.

The launching of the long-awaited bond market in the world’s oil powerhouse in mid-June is not enough to create an active sukuk market in the absence of direct government involvement in such activity, Jadwa Investment said in a study………..Full Article: Source

 
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