Btimes.com: Asian demand should help the Islamic bond market recover in the second half from the impact of the global financial crisis, according to HSBC Amanah deputy chief executive Razi Fakhi.
High-profile sukuks coming out Indonesia and Malaysia have served as a catalyst, Fakhi said in a telephone interview with Reuters, adding that the company continues to see demand from issuers.
“Sukuk is a critical offering in Islamic finance and is unlikely to fade out,” he said. “We are quite optimistic that we will see more issuers coming in the second half.” ...continue
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