| After a long period of relatively minimal bond market activity, the period of the global economic crisis has seen bonds and sukuk increasingly claim their place as the third pillar of the traditionally heavily bank-dominated GCC financial markets.
While much of the issuance, especially in the financial services area, has been conventional, the regional sukuk markets have made particularly impressive progress as an alternative funding sources at a time when bank financing has been relatively scarce. ..............................................Full Article: Source
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