From Zawya.com: Standard & Poor's Ratings Services said that it believes that the sukuk market has grown large enough to support a transformation in the Islamic fund industry. The sukuk market returned to growth in the first half of 2010. Global sukuk issuance topped $13.7 billion during this period, nearly twice the $7.1 billion recorded during the same period last year.
In our view, the slight improvement in market conditions since the significant slowdown in 2008 has contributed to this performance..............................................Full Article: Source
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