| From Arabnews.com: In the last three months, the sukuk market in the Gulf Cooperation Council (GCC) countries has shown a remarkable turnaround from the difficult days of early 2009.
The GCC market has effectively been playing catch up to developments in the sukuk market in Asia during 2009, where Singapore, Indonesia, Malaysia and Pakistan have led the sector into recovery with a string of issuances starting in February 2009, largely government local currency sukuk and a number of sovereign international sukuk........................................Full Article: Source |