Islamic debt market, both domestic and foreign, is the most rapidly growing segment of Islamic finance. In Malaysia, for example, Islamic bonds amounted to $ 36bn, or 48% of total corporate bonds in 2007. The domestic bond market plays a crucial role in ensuring that the financing needs of the economy are met.
Islamic bonds consists of the sovereign (and quasi-sovereign) and Sukuk (or Islamic) markets, particularly innovative, fast-growing areas. These assets in the medium-term bonds were issued at the international corporate and sovereign. Sukuk paper has the advantage of competitive prices, as reduced risk.
In 2001, the Bahrain Monetary Agency was among the first central bank to issue the document, which can be three to five years, with most of the questions exceeded. Qatar, Qatar Global Sukuk with a maturity of seven years (an increase of the number of US $ 700m).
In EMEA and Asia, Moody's notes that the total Sukuk "Issue for the 71% to $ 32.65bn in 2007 compared with 2006. The number of Sukuk transactions rose to 119 from 109, while the average volume of transactions rose to $ 269.8m from $ 175m. The largest proportion of Sukuk in the financial services sector, representing 31% of the total, followed by 25% in real estate, energy and utilities at 12%.
Sukuk.net establishment expects an increasing number of investors and companies, Shariah-compliant finance and the public interest in Islamic Finance
Sukuk.net will provide investors, financial services professionals, researchers, institutions and all those involved in the production of tools for understanding the market, competitive analysis and market data. In addition, assistance in developing marketing strategies for predicting and identifying new business opportunities and investments.
Since the beginning of this site, users can use the global Sukuk, and record monitoring data analysis tools market. The site offers wire Sukuk has the power of news and information on the global Sukuk.
Comments on the portal, the general director of Siraj Capital Ltd Mr. Ibrahim Mardam-Bey said:
"We have, through joint efforts with alClick one-stop shop" for investment including the professionals who participated in the financing of Islamic Sukuk, and you will find important information, and critical in this segment of the industry.