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

Sukuk opportunities beckon in Europe, Malaysia and Saudi Arabia as market set to increase

Posted on 19 May 2010

The global Sukuk market is back on track and both issuers and investors are confident that the number of issuances will markedly increase during the second half of 2010 going into 2011.
The two major trends that have emerged during this year thus far is the adoption of tax neutrality and other enabling laws to facilitate the issuance of Sukuk in four of the five most important jurisdictions in the European Union (EU), namely the UK, Luxembourg, France and Ireland (with Germany being the only exception currently), and exciting new market developments in Malaysia and Saudi Arabia……………………………………Full Press Release: Source

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