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

South Korea’s ruling party won’t ram Islam bond bill in February session

Posted on 23 February 2011

From Bernama: The ruling party has decided not to push to pass a contentious bill on giving tax benefits to holders of Islamic bonds, or “sukuk,” in the ongoing extra legislative session, Yonhap news agency quoted a party spokeswoman as saying Tuesday.
The decision was made in a party leadership meeting to discuss parliamentary issues, Bae Eun-hee, spokeswoman for the Grand National Party (GNP), told reporters……………………………………….Full Article: Source

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