Last year, banks were hailing the rise of sukuk, or Islamic bond, as the next big thing.
Companies seeking expansion in the booming oil-flush region found a new form of finance that tapped the vogue for Shariah-compliance.
Gulf dispatch: Clerics’ doubts give sukuk market a hiccup
By Simeon Kerr
Published: June 24 2008 17:20 | Last updated: June 24 2008 17:20
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