11.08.2009 - Saudi urged to develop sukuk market
From Business24-7.ae: Saudi Arabia needs to develop a sukuk market to open up new business opportunities and ensure long-term funding for local investors amid tightening lending by banks, a Saudi investment company said yesterday. The launching of the long-awaited bond market in the world's oil powerhouse in mid-June is not enough to create an active sukuk market in the absence of direct government involvement in such activity, Jadwa Investment said in a study...........Full Article: Source