KFH: Sukuk issuance worldwide amount to USD 5 bln in July

Kuwait Finance House (KFH) stated in a report that sukuk (financl certificates) issuance last July worldwide amounted to aproximate USD five billion, down from the previous month by 37%, where the Saudi riyal formed about 15 percent of those sukuk.
Moreover, the report underlined the fact that sukuk market for companies in the GCC countries are continuosly expanding despite the fact that the issuance of two local versions from Saudi Arabia and an international sukuk from Qatar.

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