23.04.2010 - Sukuk market rcovery epected in 2011 - 12
From Albawaba.com: Analysts predict that now is a pivotal time for the global Islamic finance industry as sukuks are expected to grow in importance on the radar of global investors. Industry players predict that the current year will remain static but recovery is expected in 2011-12. Qatari and Saudi sukuks will lead the markets. “The market is changing wherein the cost of capital is becoming important. In the medium to long term, markets need a lot more funds, more listings and finally, more players to develop this market,” said Nida Raza, Senior Vice President – Capital Markets, Unicorn Investment Bank............................................Full Article: Source
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