| Qatar and Dubai Islamic Bank are planning to tap the Islamic bond market as a scarcity of Shariah-compliant securities and economic growth in the oil-rich region keep benchmark yields near eight-month lows.
Borrowers in the Gulf plan to sell as much as $6bn of dollar-denominated sukuk, which pay asset returns instead of interest, in the next month, data compiled by Bloomberg show. Sales of the debt are already off to a record start of $9.7bn...............................................Full Article: Source
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