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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Compliance, Tax, Legal, Regulatory more

Islamic finance body okays France’s sukuk model

Posted on 16 December 2010

From Agence France-Presse: A top Islamic finance body has approved France’s model to issue local sukuk, or Islamic bonds, which would ease their listing on the Paris financial market, a French official revealed on Wednesday.
The Accounting and Auditing Organisation for Islamic Financial Institutions has approved the model aimed to marry France’s tax laws with the Islamic financial instrument, said Thierry Dissaux, the chief executive officer of the French Deposit Guarantee Fund……………………………………….Full Article: Source

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