Shariah scholars and Islamic finance practitioners are bullish on the prospect of the global sukuk market next year, estimating an increase of between 10-30 per cent in the value of issuance, despite the gloomy economic outlook due to the eurozone financial crisis.
Syariah scholar Dr Mohd Bakar Daud forecast between 10-15 per cent increase in the value of total global sukuk issuance for 2012 from about US$79 billion he expected to be issued this year...............................................Full Article: Source |