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Islamic Finance Briefing - Categorized | Bonds (Sukuk) more

Sukuk still a niché despite huge potential

Posted on 05 May 2010

From Business24-7.ae: Islamic bond issuance in 2009 increased to $23.3 billion. If you kept stacking dollar bills vertically, one on top of another, a trillion dollars would reach the moon – that is about the current size of Islamic finance.
However huge it may sound though, the industry is just one per cent of the total global finance market despite the 10 to 15 per cent growth it has enjoyed in the past few decades……………………………………..Full Article: Source

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


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