Gulf-based sukuk funds grow 31 pct in 2011; But half of them account for 91 pct of assets; Aggregate size tiny compared to sukuk market; Funds' turnover ratios generally low; Industry still lacks firm that originates and underwrites
June 21, 2012 5:19
A top commercial banker in the United Arab Emirates has urged the central bank to cut some of its reserve requirements sharply in order to spur corporate lending.
June 20, 2012 11:35
UAE banks only moderately exposed to Europe; Able to handle significant rise in bad loans; but foreign funding shock could tighten bank liquidity
June 10, 2012 5:52
Saudi Arabia's National Industrialization Company (Tasnee) will begin meeting investors next week ahead of a potential debut Islamic bond, or sukuk, the petrochemicals firm said in a regulatory filing.
May 1, 2012 9:33