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Strong interest in DIFC sukuk
- United Arab Emirates: Saturday, June 09 - 2007 at 12:43
The Dubai International Financial Centre has revealed that, by June 6, its $1.25bn sukuk had attracted more than $2bn in orders, reported Reuters. More than two thirds of the subscriptions came from outside the Middle East region, with 54% of subscribers being banks and 35% fund managers. Europe provided over 50% of orders, while Asia has accounted for 20%.
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Jonathan Sheikh-Miller, Deputy EditorSaturday, June 09 - 2007 at 12:43 UAE local time (GMT+4)
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