29.06.2011 - After strong start, expected slowdown in Sukuk volume
While the amount of sukuk -- Islamic bonds -- issued in 2011 is on track to exceed last year's volume, the pace is expected to drop off in the coming months and only a tiny fraction will be issued in U.S. dollars according to one industry observer. Developments in the sukuk market have been as expected, Paul-Henri Pruvost, a credit analyst at Standard & Poor's told Market News International, meaning higher growth compared to last year, with about 80% of issuance by sovereigns, particularly Malaysia..............................................Full Article: Source
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