(Bloomberg) -- Companies and governments seeking to tap oil wealth from the Persian Gulf will sell about $30 billion of Islamic bonds during the next three years, Standard & Poor's said today.
The combined value of Islamic bonds, or sukuk, sold since the emergence of an Islamic finance industry thirty years ago will rise to $100 billion in 2010 from about $70 billion now, the ratings firm said in an e-mailed report.
Read more at Bloomberg Bonds News
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