19.10.2010 - Saudi to launch 10 Islamic bonds in 2011
From Arabnews.com: Saudi firms are likely to launch 10 Islamic bonds, or sukuks, in 2011, more than double their number this year, but they will be dominated by private placements, a specialist at Saudi Hollandi Bank (SHB) said on Monday. “The market confidence is coming back ... We should probably see two or three (sukuk issues) every quarter over the next year ... 10 more issues coming in 2011,” Haroon Nisar, senior manager for Islamic banking at SHB, told Reuters Middle East Summit in Riyadh..............................................Full Article: Source
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