08.10.2009 - Islamic-bond market on verge of a revival
From WSJ: Indonesia, Pakistan and South Korea are lining up to sell Islamic bonds offshore in separate offerings that will add diversity to a niche area of finance and spur the revival of a market that had a severe setback during the global credit crisis. The deals, likely to be initiated next year, could net the three governments a total of $2 billion and would reflect a growing recognition of sukuk as an alternative source of funds for governments in Asia. Investors appear hungry for investments that comply with Shariah, or Islamic law...................Full Article: Source
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