"Dubai sees role in sukuk trade", Brunei Times, September 14, 2006
The Brunei Times reports that the Dubai International Finance Centre (DIFC) has begun planning to become marketmakers in the sukuk (Islamic bond) market. Currently, there is little in the way of a secondary market for these instruments, so they are illiquid and held until maturity. The DIFC predicts that with sukuk issuance expanding from US$ 13 billion today to US$100 billion in five years, there will be an expansion in secondary markets for sukuk.
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