Sentence examples for development of the sukuk from inspiring English sources
Moody's expects rapid development of the sukuk market in Asia.
Malaysia's bankers, while the early leaders in the development of sukuks, were guided by local sharia scholars who were too liberal for the Middle East's austere tastes.
The illiquidity of the sukuk market will probably incur a greater premium in future.
At the end of the sukuk's term the issuer returns the principal to the investor by buying his share of the asset.
Development of the Danish "Research Academies".
As debt markets dried up over the course of 2009, the sukuk market struggled with at least $10 billion in delayed sukuk and defaults of high-profile issuances including Dubai World and Nakheel.
Yet the size and growth of the Gulf sukuk market makes this disagreement particularly important for the global industry.
Famous for its artificial islands and outlandish hotels, Nakheel is now closely watched because of the $4.05 billion sukuk it must repay in December.In this section A world apart Bribing the markets Slimming cures Dredging the debt Sticking-plasters of the universe Buffer warren ReprintsDubai will probably make timely payment on any of the bonds or sukuk that trade on public markets.
"Places like Kuwait and Oman opening up the sukuk market contributes to that development.
Even state-owned Saudi Aramco has gone the sukuk route, issuing one of the instruments to finance a joint-venture refinery with Total of France.
