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Islamic Finance Briefing - Categorized | Bonds (Sukuk), New Launches more

Saudi Aramco, Abu Dhabi Islamic plan sales: Islamic bond alert

Posted on 15 October 2010

From Bloomberg: The following borrowers are expected to sell Islamic bonds, which use asset returns to pay investors to comply with the religion’s ban on interest. Global sales of sukuk fell 22 percent to $11.8 billion so far this year from the same period in 2009, according to data compiled by Bloomberg.
Issuance totaled $20.2 billion last year, up from $14.1 billion in 2008……………………………………….Full Article: Source

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Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


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