Middle East Economic Survey
VOL. LIV
No 4
24-Jan-2011
REGIONAL
Value Of Gulf Sukuk Issuance Rebounds To $7Bn, Says Trowers & Hamlins
The value of sukuk (a Shari'a compliant product similar to a bond) issued in the Gulf region has rebounded 61% over the past year, after having slumped to its lowest level in four years on account of a number of factors including the recent global economic crisis, according to research carried out by international law firm, Trowers & Hamlins....
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