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U.A.E. Sukuk to Gain on Debt Restructuring, Yield Pick-Up: Islamic Finance

U.A.E. Sukuk to Gain on Debt Restructuring, Yield Pick-Up: Islamic Finance
The HSBC/NASDAQ Dubai UAE US Dollar Sukuk Index, which tracks 10 sovereign and corporate securities, climbed to 131.15 on Jan. 4, the highest since HSBC started tracking their performance in January 2005. The notes returned 16.5 percent last year after a gain of 23 percent in 2009, the index shows.

Read more on Bloomberg

Written by under Dubai Fashion News.

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