| 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 |