Sunday 06, April 2008 by Mike Gallagher

S&P report says global market for Sukuk to continue explosive growth

The global market for Sukuk more than doubled in 2007 to exceed $60 billion and is on track to top the symbolic $100 billion mark in the next few years, said Standard & Poor's Ratings Services in a report, “The Sukuk Market Continues To Soar And Diversify, Held Aloft By Huge Financing Needs.”

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