From Bloomberg: Asian issuers plan to sell $2.1 billion of Islamic debt in the fourth quarter, about 60 percent less than those announced in the Persian Gulf, where companies are seeking funds after Dubai World’s debt restructuring.
The dearth of issuance from Asia signals the Persian Gulf will overtake the region for the first time since the last quarter of 2009 with about $5.5 billion in offerings in the final three months, data compiled by Bloomberg show……………………………………….Full Article: Source