Sukuk market picks up as issuers look for alternative sources of funding
In depth
Issue 856
- 27 Jun 2009
| 7 minute read
With conventional bank funding drying up, sovereign and corporate issuers are tapping the Islamic bond market to fund expansion. Bahrain has just launched an issue that was eight times over-subscribed. But in the longer term, the sukuk industry’s credibility will depend on improving market transparency
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