| Investment banking boomed in the region during the second quarter of this year. Share issues raised $4 billion during the period, four times as much as the first quarter, according to a report by a financial intelligence group.
Islamic debt issuance reached $14.5bn from 34 issues, an increase of 25pc from the same period in 2011, and the strongest first six month total since 2008. The top Islamic issuer nation during the first half of 2012 was Malaysia with 45pc of the activity, while the strongest industry was the financials sector...............................................Full Article: Source |