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Islamic Finance Briefing - Categorized | Bonds (Sukuk) more

Cagamas, Lebanon, Waha Capital plan sales: Islamic bond alert

Posted on 03 March 2010

From Businessweek.com: The following borrowers are expected to sell Islamic bonds, which use asset returns to pay investors to comply with the religion’s ban on paying interest.

Global sales of so-called sukuk increased to $20.2 billion last year from $14.1 billion in 2008, according to data compiled by Bloomberg. Sales total $705 million this year……………………………………….Full Article: Source

 
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Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


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