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

CBN to float ‘Sukuk bond’ by December 2012

Posted on 22 June 2011

Governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, Monday disclosed plans by the apex bank to sell its first ‘sukuk’ within 18 months. The sovereign ‘sukuk,’ according to the banking sector regulator, will help arouse interest in Islamic banking in the country.
THISDAY gathered that the ‘sukuk’ is the Arabic name for financial certificates. It is however, commonly referred to as the Islamic equivalent of bonds……………………………………….Full Article: Source

 
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