Saturday, July 28, 2012

Sukuk markets face test of vulnerability

The resurgence in Sukuk issuance since the twin shock of the global financial crisis and the Dubai debt crisis has been nothing short of remarkable.  One of the most surprising indicators of how much demand for Sukuk has rebounded is that the Dubai sovereign Sukuk - issued by the very sovereign that was at the centre of a storm in December 2009 - has seen its yield drop from 6.396 percent when it was issued to just 3.2 percent yesterday.  There have been

In the long-run, Sukuk markets are likely to continue to grow as Islamic finance increases its share of the financial markets in the GCC, but that does not mean the growth will occur along a straight line
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Source: http://www.albawaba.com/business/sukuk-market-435545

Darren Bent Employment law Middle East Extradition Gabriel Agbonlahor JS Bach

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