May 17 2010
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Sukuk sales to match last year
The sukuk market was "sluggish" in first half of the year, Mohammed Dawood, director of debt capital markets at HSBC in Dubai told Bloomberg newswire. Offerings will "pick up" in the months to come as market conditions improve, he added.
Standard & Poor's has said that total sales of the securities may rise to $30 billion this year, approaching the record set in 2007.
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