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

Gulf banks call for more domestic Islamic bonds

Posted on 14 October 2010

From Tradearabia.com: More domestic currency denominated Islamic bonds are needed in the Gulf region - where sukuks tend to be in US dollars - to boost issuance and develop domestic markets, Islamic banking executives said.
As liquidity returns to the Gulf and demand for sukuk increases with improving capital market conditions, regional players are actively looking for domestic investments to manage their liquidity……………………………………….Full Article: Source

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