Mon, Sep 1, 2014
A A A
Welcome bhaimia
RSS

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

Jordan to send Sukuk law to parliament in June, minister says

Posted on 04 May 2011

Mohammad Abu HammourJordan aims to submit a draft law paving the way for the sale of sukuk, or Islamic bonds, to parliament in June, the country’s finance minister said.

“Once it’s ratified, we will then take a decision based on our needs as to if we will issue conventional bonds like we did last year or sukuk,” Mohammad Abu Hammour said at a conference in Amman, Jordan today. He said the sale amount “won’t be less than $500 million, but if we see there is an appetite and market conditions are favourable we may go higher.”………………………………………Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

September 2014
M T W T F S S
« May    
1234567
891011121314
15161718192021
22232425262728
2930