Sukuk sales at risk on Middle East tensions
Global sales of Shariah-compliant bonds surged to $2.8bn in the first two months of this year, compared with $676mn in the same period of 2010. This statement was given by Bloomberg.
Badlisyah Abdul Ghani, chief executive officer at Kuala Lumpur-based CIMB Islamic Bank Bhd has the oppinion that the rising yields are deterring potential issuers.
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