19.02.2010 - UAE accounts for 20pct of $19bln global Sukuk issuance
From Menafn.com: Global sukuk issuance totalled $19 billion last year, of which the uae accounted for a fifth, according to thomson reuters data. The UAE also recorded the second highest Islamic loan volume in the region after Saudi Arabia, the data released at the Reuters Islamic Banking and Finance Summit in Dubai shows. "Islamic loan volume reached in excess of $5.6 billion in Saudi Arabia during the February 2009 to February 2010 period. Islamic loan volume in the UAE was the next highest at $4 billion, followed by Qatar at $1.2 billion, Bahrain," it said.........................................Full Article: Source
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