20.06.2011 - Global ‘Sukuk’ up 300 pct
A report prepared by Kuwait Finance House Research Ltd (KFHR) said that ‘sukuk’ (Islamic Sharia-compliant bonds) has witnessed a sharp increase of 300 percent since the start of this year reaching in total $40 billion. The annual report by KFHR, a branch of Kuwait Finance House (KFH), said that last May of this year witnessed an increase in global sukuk, 22.4 percent when compared to April of last year, reaching $four billion. The report added that last May sukuk worth in value $5.9 billion, while the total value of Sukuk since the start of this year has reached $40 billion..............................................Full Article: Source
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