29.09.2010 - Soaring Sukuk
From Zawya.com: According to KFH Research and NCB Capital, there seemed to be a recovery in the growth of the total value of Sukuk issuance in 2009 and during the first half of this year. KFH's report predicts that global Sukuk issuance will reach $30 billion in 2010 in light of the recovery in global economic activity and the increase of Sovereign Wealth Funds (SWFs), companies, and the revival of private sector projects. According to the report, the value of the Sukuk market has increased to reach about $100 billion in 2009, pointing out that the total value of issues for this market has seen a marked increase during the first half of 2010 to reach $16.5 billion - a growth of 16.3 per cent..............................................Full Article: Source
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