25.10.2010 - Saudi sukuk seen doubling in 2011
From Gulf-times.com: Saudi firms may launch 10 Islamic bonds, or sukuk, in 2011, more than double their number this year, but they will be dominated by private placements, a specialist at Saudi Hollandi Bank has said. “The market confidence is coming back ... We should probably see two or three (sukuk issues) every quarter over the next year ... Ten more issues coming in 2011,” Haroon Nisar, senior manager for Islamic banking at the Royal Bank of Scotland affiliate told the Reuters Middle East Summit in Riyadh..............................................Full Article: Source
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