Paul-Henri Pruvost

Islamic assets seen jumping to $3tn on Asia, GCC

It is expected that by 2015 global Islamic financial assets will double their amount and reach the mark of $3tn. These expectations are based on the fact that demand for the securities in the Gulf Co-operation Council and Malaysia lures issuers to the market. A classic imbalance between demand and offer in the Islamic finance can be observed, which is driven by demand. Yields on sukuk and paying returns on assets have reached a record low in the current month.

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