Sukuk demand still outweighs supply: Fitch
1/24/2012 11:51:15 AM
Fitch Ratings says plans by sovereigns outside the Middle East and other largely Islamic regions to tap the sukuk market could meet pent-up demand from Islamic institutional investorsand banks to diversify their bond holdings, making the sukuk market a useful source of additional funding over time.
The opportunity to buy shariah-compliant debt from investmentgrade sovereigns that have not yet tapped the market would be likely to generate strong investor appetite.
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