Islamic Bonds Receive a Boost

| Sunday, October 11, 2009

Issuance Rises 82% as Confidence Grows in Global Markets


Global issuance of sukuk, or Islamic bonds, rallied during the third quarter with the value of sukuk issued rising 82% in the latest sign that confidence is returning to capital markets.

Data from Zawya.com's Sukuk Monitor shows the value of Islamic bonds issued world-wide for the third quarter rose to $6.2 billion, from $3.4 billion for the same quarter of 2008.

Link: http://online.wsj.com/article/SB125469264351762673.html

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