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

UAE an important cornerstone of Sukuk market

Posted on 17 May 2010

From MENAFN Press: The UAE will remain the cornerstone of the sukuk market in the region. Global sukuk issuances including Malaysia for 2009 touched AED 31 billion (US$ 8.5 billion) with an increase expected this year. The current year has already witnessed AED 11 billion (US$ 3 billion) of overall issuances across the Gulf Cooperation Council (GCC) region.
These statements resounded optimism from speakers at the International Islamic Finance Forum 2010. It also indicated the growth of Islamic finance both within the GCC region and globally……………………………………….Full Article: Source

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