Is Shariah Finance Back?

Bloomberg just released an interesting piece on the newswires.  According to this article, interest in Shariah finance is climbing and the market is performing better than other non-Shariah compliant emerging economy debt.  This is particularly noteworthy as the Sukuk market has shrunk in recent years.   The article describes a rush to purchase Sukuk (basically, Islamic ownership certificates, often misnamed “Islamic bonds”).

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