| 21.07.2010 - Islamic bonds left all sukuk up after a debut smash hit |
| From Thenational.ae: Islamic bonds were the 1950s-era Elvis Presleys of Gulf finance a few years ago: young instruments that seemed poised to usher in an exciting new way of thinking. Sukuk, as the bonds are called, played a catchy tune. At around the time the industry started to rapidly expand in the Gulf in 2004, there were about US$5 billion (Dh18.36bn) worth of sukuk issued worldwide annually, mostly in Indonesia and Malaysia..............................................Full Article: Source |