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Global sukuk issuance falls slightly to $30.6b

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Dubai

International sukuk issuance from major Islamic finance markets was almost unchanged in the first nine months of 2019 compared with the same period last year, according to Fitch Ratings.
Full-year volumes could still be highly influenced by the funding needs and strategies of large individual borrowers which may come to the market before year-end, as well as by geopolitical developments that could have a positive or negative effect on investor appetite, the agency said in a research note.—Arabian Business

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