Sukuk goes global as Goldman and South Africa drive record month
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Emerging MarketsAfrica

Sukuk goes global as Goldman and South Africa drive record month

Cape Town

A fresh wave of sukuk this week made September the biggest month ever for international sales of the product. But debut deals from Goldman Sachs and the Republic of South Africa have implications that go far beyond issuance records. These landmark transactions have paved the way for Western firms and African issuers to add their names to the expanding market.

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