| From Gulf-times.com: Sukuk ijara, a form of Islamic bond, became the dominant bond structure in the $1tn Islamic finance industry in 2008, ratings agency Moody’s said in a recent report.
Bumper oil earnings in the Gulf and rising demand for ethical investments have boosted the profile of the three-decade-old Islamic finance industry in recent years from a niche sector to one with growing international reach. Under sukuk ijara, the seller sells assets to the issuer who will issue sukuk to fund the purchase.....Full Article: Source
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