Hedge Funds & Alternative Investments
Islamic Finance
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Global financial turmoil casts shadow over recovery of sukuk market
The cost of insuring Islamic bonds has risen to a six-week high as global financial turmoil threatens a regional recovery in the sukuk market. Uncertainty created by the market volatility combined with the traditional summer slowdown is likely to deter new sales, say analysts. "It's sentiment driven," said Nida Raza,…
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