11.01.2011 - Good prospects for global sukuk this year
From Thepeninsulaqatar.com: There are good prospects for global Sukuk issuance this year, although it will not reach the 2007 pre-crisis levels, says Deloitte’s Global Islamic Finance Leader. “The Sukuk was down on 2007 pre-crisis but has started coming back last year. I thing we will see an increase in Sukuk issuance this year. I don’t expect it to reach the 2007 pre crisis levels this year but possibly in 2012,” Daud Vicary Abdullah said. He said interestingly, 50 percent of global Sukuk last year was issued through Malaysia with 25 percent coming from one bank both in terms of number and volume, the Malaysia Commerce International Merchant Bankers Berhad (CIMB), Malaysia’s second largest financial service provider..............................................Full Article: Source
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