| 25.08.2010 - Albaraka, Islamic Development plan sales: Islamic bond alert |
| From Bloomberg: The following borrowers are expected to sell Islamic bonds, which use asset returns to pay investors to comply with the religion’s ban on interest. Global sales of sukuk fell 25 percent to $8.3 billion so far this year, according to data compiled by Bloomberg. Issuance totaled $20.2 billion last year, up from $14.1 billion in 2008...........................................Full Article: Source |