Saudi Arabia will lead a rebound in Islamic loans from a five-year low in 2011 as accelerating economic growth and development spending boost financing needs, Banque Saudi Fransi and Standard Chartered said.
Demand for Islamic loans and Sukuk will climb this year, with borrowers tapping the financial markets to fund expansion, said John Sfakianakis, chief economist at Banque Saudi Fransi.
http://www.saudigazette.com.sa/index.cfm?method=home.regcon&contentID=2011020693034
