Monday, September 18, 2006

Corporate sukuk markets in the Gulf growing rapidly

"Investors tap into wave of Islamic bonds", Financial Times (sub. rqd.), September 18, 2006

The Financial Times has an article on the front of their Companies & Markets section about the explosive growth of sukuk (Islamic bonds) in the Gulf region. According to Trowers & Hamlins, US$4.6 billion in corporate sukuk were issued within the first six months of 2006, led by the $US3.5 billion issue by Dubai Port, Customs & Free Zone Corp

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