21.12.2010 - Persian Gulf taps Malaysia for Sukuk sales

From Bloomberg: Persian Gulf borrowers are selling ringgit-denominated Islamic bonds at a record pace in Malaysia to raise funds for expansion and take advantage of demand in the world’s biggest market for shariah-compliant bonds. Issuance surged to 1 billion ringgit ($318 million) this year, the most since 2008 when Gulf companies started tapping the Malaysian market, data compiled by Bloomberg show..............................................Full Article: Source

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