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

Sukuk resurgence

Posted on 06 September 2010

From Zawya.com: The Sukuk market continues to show signs of recovery despite the fact that the holy month of Ramadan started in the first, half which usually slows down the pace of issuance. Around USD4.38 billion of Sukuk were issued in August this year, as opposed to USD2.5 billion in August last year, according to data compiled by Zawya’s Sukuk Monitor.
August witnessed the first sukuk to be issued out of Turkey. The USD100 million Kuveyt Turk Katilim Bankasi Sukuk was oversubscribed and listed on London Stock Exchange……………………………………….Full Article: Source

 
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