Global Sales of Islamic Bonds (Sukuk) Down 29%
Buried in the story linked below from Bloomberg news is the revelation that 2010 global sales of Sukuk are way below 2009 levels and even slightly below 2008 levels:
Global sales of sukuk fell 29 percent to $13.7 billion so far this year from the same period in 2009, according to data compiled by Bloomberg. Issuance totaled $20.2 billion last year, up from $14.1 billion in 2008.
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