Shariah-compliant bond (known properly as sukuk) sales in the Arabian/Persian Gulf region are on course for the worst third quarter since 2010 as borrowers delay issuing sukuk amid rising costs.

This is worth watching as slumps in the sukuk market have historically led to some high profile defaults…

http://www.gulf-times.com/business/191/details/363759/gulf-sukuk-slump-worsens-as-pricing-deters-issuers

 

 

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