Global Shariah-Compliant Bond Market Sustains Loss
Investors in Shariah-Compliant bonds, aka sukuk, are losing money for the first time in three years.
Global sukuk have fallen 3.4% in the 2nd quarter, the first drop since the fourth quarter of 2009, according to HSBC/Nasdaq Dubai data, compared with just a 3% decline for the Bloomberg US Treasury Bond Index.
http://www.businesstimes.com.sg/premium/world/global-sukuk-sustains-first-loss-over-3-years-20130627
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