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GCC sees surge in Islamic lending

Tue, 2012-08-14 10:03 — newsdesk

The GCC countries expect a record year for sukuk issuances in 2012. Already the first half of the year was marked by explosively growing sukuk issuances that reached to US $12.8 billion compared to US$1.9 billion issuead in the same period last year. The sukuk market shall continue growing at the current pace, due to a strong appetite of investors that are demanding Shariah-compliant products.

Source: 

http://www.theasset.com/article/22461.html

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