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Strong faith in Islamic bonds

Published: 30/08/2011 05:25:03 PM GMT
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... but which adhere to Muslim prohibitions against interest – are near a record low. HSBC-Nasdaq Dubai's index of Gulf Islamic bonds, or sukuk, is (more)

... but which adhere to Muslim prohibitions against interest – are near a record low. HSBC-Nasdaq Dubai's index of Gulf Islamic bonds, or sukuk, is currently trading at a yield of 3.94 per cent, having hit a record low of 3.68 per cent in early August.

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