CPI Financial:Despite the rebound, however, global Sukuk issuances were still down on the record set in H1 2007 of $24 billion, according to a report by London based IFIS (Islamic Finance Information Service). Southeast Asia continues to dominate the Sukuk market with issuances worth $17.35 billion in H1 2010 compared to $8.89 billion in H1 2009 and $4.5 billion in H1 2008.
Malaysia topped the issuer countries in terms of the amount and the numbers of issuances with 310 issuances worth $15.4 billion, followed by Indonesia with 16 issuances amounting to $1.75 billion. The GCC Sukuk market recorded zero issuances on the corporate level, and only one Quasi Sovereign issuance for Saudi Electricity...continue
Monday, July 19, 2010
IFIS releases H1 2010 Global Sukuk Market Report
Labels:Islamicfinance,Sharia compliants Global Sukuk Market Report
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