Thursday, September 27, 2007

WSJ conference, GCC surpasses Malaysia in sukuk, Islamic finance brain drain

The Wall Street Journal will team up with the Dubai International Financial Centre (DIFC) to have one day of DIFCweek devoted to Islamic finance called "Islamic and Ethical Finance".

The Gulf region has had more Islamic bond (sukuk) issuance this year than Malaysia for the first time according to Moody's with $13.2 billion so far this year.

Malaysia tackles the problem of brain drain to the Gulf states.

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