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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Insurance (Takaful) more

Saudi takaful growth boosts local bonds

Posted on 26 January 2010

From Arabianbusiness.com: Rapid growth among Saudi Arabia’s Islamic insurers will benefit the domestic bond market but bypass dollardenominated issues due to regulations that keep insurers’ investment close to home, experts and executives said.

Strong growth in the takaful, or insurance industry has underpinned hopes it will give a boost to the market for Islamic bonds, or sukuk………………….Full Article: Source

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