IslamicFinance.de

Reactions were very mixed at the news that Goldman Sachs had registered a $2bn sukuk programme through the Irish Stock Exchange. Some were happy, others were skeptic.
Part of the confusion came from the fact that Goldman did not reveal its assets or end user.
But it doesn't matter if Goldman is merely exploiting a passing opportunity to tap into cheap funding or arbitrage the market, as it is hard to imagine a better way for Islamic finance to show it is efficient and can work as a complementary solution alongside conventional finance.