Friday, November 16, 2012

Lackluster deal pipeline could cause firms to reconsider plans (By IFN)

Thursday 8th November 2012



UAE: Although the UAE market is currently ranked third in the global issuance league table, Dubai has fallen behind this year; with only a handful of significant issuances including its dual-tranche sovereign Sukuk Ijarah in April. Despite reports on the emirate’s economy seeing resuscitation after experiencing a dip several years ago, industry players have revealed that all is not as rosy as it seems on the surface. With a lack of deals, particularly on the Islamic side, and restructuring work either slowing down or reaching a halt, some have voiced their concern.

For more see: http://www.islamicfinancenews.com/

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