Thu, Apr 2, 2015
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Banking, Performance more

Islamic banking, blazing new trails in the Persian Gulf

Posted on 02 November 2010

From Tribune.com.pk: The last few months have seen a sudden upsurge in the Islamic loans market in the Persian Gulf countries. Investors sold sukuk bonds (Shariah-compliant bonds) with lower debt ratings, in order to raise funds for issuing new, state-backed sukuk bonds.

Islamic finance has spread widely. Due to the huge returns from investing in Islamic bonds, or sukuk, more and more people are investing and utilising the proceeds to pay off debt relief services…………………………………….Full Article: Source

 
Article link

This post was written by:

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


Contact the author

Comments are closed.

banner
banner
April 2015
M T W T F S S
« May    
 12345
6789101112
13141516171819
20212223242526
27282930