Issuance of Islamic bonds soared in July to its strongest monthly volume in 2012 and the second highest on record, with the total value of all deals priced reaching $6.6bn, according to Dealogic.
July 2012 issuance was more than three times the amount issued in July a year earlier, when $2.1bn of deals priced. It was the second highest month on record for Islamic bonds, with the highest ever coming in December last year with $10.3bn of deals...............................................Full Article: Source
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