From Tradearabia.com: 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 has revealed.
The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) has approved the Islamic bond model aimed to marry France’s tax laws with the Islamic financial instrument, Thierry Dissaux, the chief executive officer of the French Deposit Guarantee Fund, was quoted as saying in a report in our sister newspaper Gulf Daily News……………………………………….Full Article: Source