Wednesday 19 January 2011

Sukuk market set to rebound says report

The sukuk market may well be set to bounce back after suffering badly in the global financial downturn.

The value of sukuk has jumped 61 per cent in the past year, according to a research by Trowers & Hamlins, the international law firm.

A total of $7 billion of sukuk were issued in the year to June 2010 compared to $4.3 billion the previous year.

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