Global sukuk to gain momentum


  • Business
  • Thursday, 21 Aug 2008

KUALA LUMPUR: The global sukuk market is likely to gain momentum in the first quarter of next year following a period of slower growth due to the United States subprime market impact.

CIMB Islamic Bank Bhd executive director and chief executive officer Badlisyah Abdul Ghani said demand for infrastructure based issuance would remain strong with Malaysia and the Gulf Cooperation Council (GCC) countries being prominent players.

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