24.08.2009 - Huge potential for sukuk market in Kingdom
From Arabnews.com: The Saudi sukuk market has grown considerably over the last few years and has the potential of becoming a major vehicle for raising finance for local corporates and utilities and an investment portfolio diversification for both local and foreign investors. While a report published in August by Jadwa Investment confirms the above, Islamic investment bankers and investors abroad are much more cautious about investing abroad including the Kingdom because of prevailing bond market conditions and the general global economic and financial slowdown...........Full Article: Source