From Reuters: Kenya may pass legislation to eliminate tax barriers to Islamic bond issuance by the end of the year with the government looking to launch Islamic treasury bills and bonds, known as sukuk, bankers said.
Kenya, the largest economy in east Africa, has yet to tap international markets but is eyeing Islamic bonds as an option to raise funds from sharia-compliant investors, central bank Governor Njuguna Ndung’u said in an email………………………………………..Full Article: Source