02.02.2012 - Sukuk as headline product and barometer of Islamic finance
In many ways, the sukuk market is the visible barometer of the Islamic banking (IB) industry. There are many factors leading to this: A global product - accessible to issuers and investors in all locations around the world, Involvement of Islamic, conventional, regional and global deal arrangers and distributors. There are many more causative factors that have resulted in the sukuk market becoming the global flagship product for the IB industry. One consequence is that trends of volumes of issuance of global sukuk are closely followed by analysts (and the wider IB market itself) and are seen as an overall indicator of how "healthy" the IB industry is...............................................Full Article: Source
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