28.03.2013 - Cautious approval for Dubai sukuk ambition
After the initial burst of enthusiasm that greeted the initiative to make Dubai the capital of the global Islamic economy, a gentle note of caution has crept in. Some analysts see the ambition, and especially the goal of overtaking London as the world capital of the sukuk business, as a challenge perhaps too tough even for the emirate's "can-do" mentality. Mohieddine Kronfol is in a good position to judge. He is the chief investment officer for global sukuk and fixed income business for Franklin Templeton, one of the world's biggest asset managers with some US$800 billion (Dh2.93 trillion) of funds under management around the globe...............................................Full Article: Source
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