Tapping surplus liquidity

Asset-backed securities


Strange as it may sound, high oil prices could turn out to be the biggest stimulant the Islamic securitisation market has ever had. With oil hovering around $60 a barrel, there is a huge amount of liquidity in the Middle East, North Africa and parts of Asia. According to the General Council for Islamic Banks and Financial Institutions, pure Islamic-owned financial institutions have around $260 billion of assets under management. That doesn't include the estimated $200 billion–300