Islamic syndicated lending

There has been a significant increase in syndication deals since the start of 2009, with a total of 36 deals announced or closed worth a cumulative total of $9.5bn. If the rest of the year continues as it started it would suggest that total Islamic syndicated loans for 2009 will end in the region of $21bn, which would be broadly in line with 2007 levels, analyses Paul McNamara from Yasaar Media.