From Bloomberg: Islamic bond yields at four-year lows are failing to deter investors amid a flagging global recovery and dwindling new issuance of sukuk.
The average yield on dollar-denominated notes that comply with religious principles from Dubai to Malaysia fell 22 basis points, or 0.22 percentage point, so far this week to 5.25 percent, the lowest level since December 2005, according to the HSBC/NASDAQ Dubai US Dollar Sukuk Index. The yield has dropped 200 basis points this year……………………………………….Full Article: Source