Industry Summits

Summit Notebook

Exclusive outtakes from industry leaders

February 4th, 2008

AUDIO-Deutsche Bank says Islamic bond sales in Gulf could hit 20 bln in 2008

Posted by: Nadim Ladki
Tags: Islamic Banking, Summit

rtr-summit1.JPGGeert Bossuyet, managing director, regional head of Middle East structuring at Deutsche Bank, sees the volume of Islamic bond sales in Gulf Arab countries could reach $20 billion this year. Bossuyet told the Reuters Islamic Finance summit in Dubai he expected the market to pick up in the second half of 2008 with the fourth quarter the most promising.

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