From Nytimes.com: Until recently the issuance of Islamic bonds, or sukuk, was confined to the Muslim world. But now a number of international borrowers are tapping the markets, including Nomura Holdings in Japan and Europe’s first corporate borrower, International Innovative Technologies.
The $100 billion Shariah-compliant bond industry prohibits the generation of interest and investments in areas that go against Islamic moral codes……………………………………….Full Article: Source