Hedge Funds & Alternative Investments
Islamic Finance
Uncategorized
Sukuk Market Developing Fastest in Saudi Arabia
A government sukuk program has spurred greater corporate issuance in Saudi Arabia. Launched in 2017 with the aim to diversify funding, the Saudi finance ministry had planned to raise US$31.5 billion of Sukuk in 2019. A new ‘primary dealer’ scheme for local-currency government sukuk was launched in 2018, under which…
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