22.06.2011 - Islamic bonds running at record levels
Islamic bond issuance has hit a record high this year signalling a revival in the sukuk market following the Dubai debt crisis and other setbacks over the past few years. The volume of sukuk bonds, which comply with Islamic law, has reached $10.2bn in the year-to-date, up 68% from the same period last year, according to data from Dealogic. Corporate issuers captured 65% of the market with $6.6bn of issuance -- double the volume for the comparable period in 2010..............................................Full Article: Source
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