| From Khaleejtimes.com: Sukuk financing has made a notable comeback, according to a latest study by the National Commercial Bank, or NCB. It said that the global sukuk market had recovered last year after being pummeled by the financial crisis in 2008, posting a 36 per cent year-on-year increase after raising $19.1 billion, higher than $15.5 billion recorded in 2008.
The Kingdom maintained its third-place ranking for the fourth year in a row, after Malaysia and the UAE, as its four issuances collected a combined $3.1 billion in 2009, a 66 per cent annual gain over 2008 figure..............................................Full Article: Source
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