07.03.2012 - Mideast Sukuk issuance seen over $14bln in 2012
The issuance of Islamic bond, or sukuk, in the Middle East could reach over $14bn this year, according to HSBC, as investor demand and the relatively lower volatility of the asset class drive sales. HSBC forecasts global sukuk volumes of $44bn in 2012, of which the Middle East region could comprise just over 30%, the bank’s Islamic arm Amanah, said. Malaysia will continue to dominate sukuk issuance, with about 60% of total volumes forecast globally...............................................Full Article: Source
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