Senior unsecured trust certificates (commonly known as sukuk) are now regularly issued in the capital markets. Most commonly, these are issued by Shari'a compliant companies to raise funds in international capital markets in...more
The sukuk market is keeping a close watch on a proposed set of Sharia guidelines that could significantly change how sukuk instruments are structured and distributed - The Bahrain-based Accounting and Auditing Organization...more
In a volatile global market, sukuk deals have been the engine of Islamic finance issuance across the MENAT region - Sukuk have driven Islamic finance activity in the Middle East, North Africa and Turkey (the MENAT region)...more