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

Government issuance driving Islamic bond revival

Posted on 11 November 2009

From Imarketnews.com: A report by Moody’s Tuesday said 2009 has marked a clear turnaround in the issuance of global sukuk — Islamic bonds — compared to this time last year, with the need for economic stimulus leading governments to issue more sukuk to finance funding programs.

The report notes that global sukuk issuance has increased over 40% in the first ten months of 2009 compared to the same period last year, with the third quarter in particular witnessing a “genuine” recovery in issuance…………………………..Full Article: Source

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