27.02.2012 - Sukuk to lag emerging debt index this year
Islamic bonds are lagging behind developing-nation debt for a second quarter as investors seek higher yields in non-investment grade securities. Shariah-compliant notes returned 1.5 per cent this year, according to the HSBC/Nasdaq Dubai US Dollar Sukuk Index, while non-Islamic bonds in emerging-market countries gained 4.1 per cent, JPMorgan Chase’s EMBI Global Composite Index shows...............................................Full Article: Source
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