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Islamic Finance Briefing - Categorized | Bonds (Sukuk), People more

Korea: Preacher attacks Lee on sukuk bill

Posted on 28 February 2011

From Joongang Daily: Pastor David Yonggi Cho, one of the most influential Protestant evangelists in the country, has declared war against President Lee Myung-bak over the administration’s backing of a bill that will provide a tax exemption for the local issuers of Islamic sukuk bonds.
Cho, senior pastor and founder of the Yoido Full Gospel Church, said that he will led a fight to topple Lee from the presidency if the government backs the sukuk legislation……………………………………….Full Article: Source

 
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