DIFC report, IsDB considering financing options, working paper on SRI & Islamic finance

• A report from the Dubai International Financial Centre says the industry could have assets of $4 trillion dollars in ten years. That would represent about a four-fold increase from the estimated $750 billion to $1 trillion in assets in the industry today. The report is an update to a similar report released earlier.
  
• The Islamic Development Bank is considering several options to raise money and their sukuk issue, projected at $500 million, may end up being $750 million or $1 billion depending on investor interest. The sukuk issue is a part of the bank's multi-year, $6 billion sukuk program.
  
• A working paper from Novethic, a French socially responsible investing research center, explores the similarities between Islamic finance and socially responsible investing/corporate social responsibility.
  
• The emirate of Ras Al Khaimah's sukuk issue will be rated 'A' by Standard & Poor's and Fitch. The sukuk will be raised through a Cayman Islands-domiciled SPV, RAK Capital. The sukuk will raise $400 million with a 5-year maturity.