Saudi Arabia :
The Saudi Sukuk Market
by Haitham al-Fayez Jadwa Investment
The global market for sukuk (Sharia-compliant bonds) has grown
tremendously in recent years. Total outstanding sukuk rose from
$8 billion in 2003 to around $100 billion in 2008. Sukuk provides
companies and governments with access to financing and liquidity
and offer a much needed Sharia-compliant instrument to investors.
While the growth of the fixed income market in the Kingdom
has been dwarfed by that of the equity market, we think that
conditions are in place for strong growth in sukuk issuance and trading...
Read + http://www.saudi-us-relations.org/fact-book/documents/2009/090707-jadwa-sukuk.pdf
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