31.05.2012 - Bonds: Saudi issuance is important signal to companies
Saudi Arabia, long the sleeping giant of the Islamic debt markets, is finally shaking off its torpor and has dominated global sales of so-called sukuk so far this year. Sukuk are bonds that are structured to comply with Islamic principles and have strictures against interest. Rather than a fixed coupon, the instruments pay a "profit rate"...............................................Full Article: Source
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