QInvest Expects More Sukuk Activity From Int’l Players

Qatar– QInvest’s Head of Financial Institutions & Structured Finance, Alex Armstrong, spoke at the inaugural IFN Global Forum 2014, which took place at the Conrad Hotel, Dubai. Alex was part of the Middle East Market Review panel and discussed how recent Sukuk activity by international issuers indicates that Islamic finance is becoming a more mainstream source of funding.

IFN Global Forum saw industry experts discuss all facets of the global Islamic financial markets, from discussions on the Islamic capital markets to key upcoming investment trends and opportunities.

Alex Armstrong, QInvest’s Head of Financial Institutions & Structured Finance, commented: “We are seeing strong volumes in global Sukuk activity and QInvest expects 2014 issuance to be greater than last year. With competitive pricing, product innovation and deep liquidity, Islamic finance is becoming an increasingly attractive source of funding for issuers around the world.

A number of issuers from outside the Islamic world – including the Hong Kong Monetary Authority and the United Kingdom government – have successfully raised funding through Sukuk in recent months and we are expecting others to follow suit.  Meanwhile, investor demand for Islamic products is strong and we fully expect demand to exceed supply for some time to come.”

Originally published on www.cpifinancial.net