IslamicFinance.de

Islamic finance remains one of the bright spots in the global financial industry post the 2008 financial crisis. The industry is now finally poised to break into conventional financial markets in the West. For global investors, the sukuk (Islamic bond) market is probably the area of greatest interest within Islamic finance. Traditionally, governments and government-related entities in Asia and the Gulf Cooperation Council (GCC) issuedsukuks denominated in the local currency to domestic investors. However, increased demand from global investors has led to increased cross-border issuance from non-traditional sources.