GOLDMAN SACHS TO TAP GROWING ISLAMIC MARKET

GOLDMAN SACHS TO TAP GROWING ISLAMIC MARKET

CAPITAL MARKETS | ISLAMIC FINANCE
To diversify its sources of financing, Goldman Sachs plans to issue a benchmark Islamic bond, at a time when demand for sukuk is outrunning supply. Meanwhile, South Africa is planning its first sovereign sukuk, and the Egyptian government is working on a new sukuk law, following the military’s overthrow of Islamist president Mohamed Morsi last year.