09.07.2009 - Sukuk market faces stern test of maturity
From Thebanker.com: Issuer defaults and high exposure to falling Gulf real estate markets have cast doubt over the stability of Islamic capital markets, but a difficult year could help create a more established asset class in the future. These defaults suggest that, behind the rhetoric on the stability of Islamic financing models, the reality is a young asset class that has grown rapidly in the unprecedented period of global economic boom since 2002.........Full Article: Source