Singapore is positioning itself to absorb excess petro-liquidity from the GCC states, relying both on its stability and relative neutrality to attract funds from the Middle East.
The Economist has an article describing the demand for halal 'food, finance and packaged goods'. The article focuses primarily on food and packaged goods and does not mention halal finance at all.
Although sukuk are structured differently from conventional bonds, they respond in a similar way to conventional bonds in response to changes in the financial shocks like the subprime mortgage turmoil.
No comments:
Post a Comment