Low oil prices unlikely to boost GCC sukuk issuance in 2016 | GulfNews.com:
"Global sukuk issuance is unlikely to pick up pace this year despite expectations that revenue shortfall from plummeting oil prices would prompt a barrage of issuance in oil exporting countries, according to rating agency Standard & Poor’s.
While some commentators believed low oil prices would spur governments in oil-exporting countries to tap the sukuk market for funding to maintain current and capital spending, total issuance actually dropped in 2015 compared with the previous year."
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