05.05.2010 - Lebanon not to issue sukuk due to high liquidity
From Reuters: Lebanon does not plan to issue a sovereign Islamic bond, or sukuk, in order not to attract additional liquidity to its banking system which is awash with cash, a central bank official said on Tuesday. The emerging market for sukuk has been lacking sovereign issues to provide a pricing benchmark for corporate issuers and boost liquidity in a market that sees little secondary trading............................................Full Article: Source
Print