05.05.2009 - Sukuk sales to pick up

From Thenational.ae: Global sales of Islamic bonds, known as sukuk, could reach US$10 billion (Dh36.7bn) in 2009 after picking up in the second half of the year, Standard Chartered said on Monday. That would mean a return to levels last seen in 2005, when new issuances reached $10.76bn according to Islamic Finance Information Service (IFIS). In the first three months of 2009, new issuances stood at $1.8bn, one third less than in the year-earlier period.......Full Article: Source

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