07.01.2013 - Qatar sukuk market is set to expand
The sukuk issuances in Qatar will expand in the years ahead and there would be more demand from China and South-east Asian countries claims the Oxford Business Group's (OBG) 2012 report. The estimated $130bn investment plans put forth by the government by 2016 have created a great demand for project finance ahead. Issuing sukuk will likely be one way the Qatari authorities, along with government-linked and government-owned companies, to raise funds, the Oxford Business Group's (OBG) 2012 report noted. Qatar is expecting a large number of subscribers beyond the Islamic world. "These days, they are from the West, China and Southeast Asia. Sukuks are a nice, neat, safe, high-yielding product that give diversity to any portfolio," the OBG report ..............................................Full Article: Source
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