08.06.2012 - Sukuk industry set for 'unprecedented growth'
The global sukuk industry is witnessing unprecedented growth, complemented and triggered by diversification, an expert said. “Large pools of Muslim wealth and abundant liquidity have ensured that demand for sukuk still exceeds supply,” said Adnan Halawi, leader of the fixed income team at business and financial intelligence company Zawya. “Islamic finance’s safe-haven, asset-backed nature has led to more and more investors, globally, opting for sukuk to diversify portfolios and meet financing and refinancing requirements,” he said...............................................Full Article: Source
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