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

Has sukuk missed the boat?

Posted on 19 February 2010

From Reuters: The Islamic finance industry waited in vain for a sukuk issue from a Western sovereign in 2009. Will 2010 be any different? Gilles Saint Marc, a member of the Islamic Committee at trade body Paris Europlace, said that there had to be some sukuk issuance in France in 2010 if it was to retain its reputation as being at the forefront of Islamic finance.

However, David Testa, former CEO of Gatehouse Bank, a sharia wholesale bank in the City of London, was sceptical any Western sovereign issuance would be forthcoming…………………………………..Full Article: Source

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


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