12.03.2013 - Sukuk market to see strong performance
The sukuk market is expected to witness strong performance in the next few years while Gulf countries and Asia will remain the key engines for growth, according to Standard & Poorís. ďGlobal issuance expanded for the fourth year in a row in 2012, growing 64 per cent to about $138 billion, and we expect another strong few years,Ē S&Pís said in a report. Despite increased growth, the market for sukuk is still one per cent of the total bond issuance and there is strong potential to grow more and join the mainstream, S&Pís managing director and regional head for the Middle East Stuart Anderson told reporters at a news conference on Monday in Dubai...............................................Full Article: Source
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