04.04.2012 - New countries plan Sukuk – but will they deliver this time?
Rumours of the first Australian and Kazakh sukuk are bubbling up again. We’ve heard it before, but perhaps this time the reports will be followed by action. For the sake of the market, let’s hope so. The Islamic finance market now needs to move to the next level, with broader international involvement. The past few days have brought fresh signals that Islamic bond issuance might be about to begin in several new countries. But that news has been trumpeted before, only for the deals to prove no-shows...............................................Full Article: Source
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