Friday, February 20, 2009

Credit crunch blow for sukuk market

Gulf Daily News: The amount of sukuk issuance declined last year after years of massive growth.The amount raised from issuance decreased by 54.5 per cent last year to $15.1billion, as compared to $33.1bn in 2007, according to Global Investment House's Global Sukuk Report.Despite that, the number of global sukuk issues increased from 129 in 2007 to 165 last year...Continue Reading

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