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

The sukuk renaissance is underway

Posted on 17 November 2009

From Gulf-times.com: Two years ago analysts predicted the sukuk market would hit the $50bn plus mark. But optimistic forecasts for the still nascent Islamic bonds industry were prematurely nipped in the bud.
A statement by the Accounting & Auditing Organisation for Islamic Financial Institutions (AAOIFI), regarding the purity of sukuk hit investor confidence just as the global financial crisis gripped the Middle East………………..Full Article: Source

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


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