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

Prospects brighten for global sukuk sales

Posted on 27 April 2010

From Reuters: Confidence in global markets for issuance of Islamic bonds, or sukuk, is rebounding as the Dubai debt crisis no longer burdens sentiment, a Reuters poll showed.

The majority of 10 Islamic bankers and industry experts surveyed expect issuance in 2010 to range between $26 billion-$28 billion or top $28 billion, up from a similar poll in January which expected only between $15 billion-$17 billion in issuance. Experts said that market confidence is recovering as the impact of the debt crisis of Dubai, the Gulf Arab business and tourism hub, becomes more visible………………………………….Full Article: Source

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