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

Infrastructure: ICRC seeks framework for Islamic bonds

Posted on 15 July 2011

Citing the success stories of Islamic finance in infrastructure development the world over, the Director General of the Infrastructure Concession Regulatory Commission, Engr. Mansur Ahmed, has called for a regulatory framework that could facilitate such successes in Nigeria.
“The critical imperatives for the successful issuance of Islamic bonds (otherwise known as Sukuk) in Nigeria will include the right regulatory and taxation framework, transparent transaction structure, credit rating, marketing, risk and mitigation measures, appropriate technical capacity and guarantees,” the ICRC DG said ………………………………………Full Article: Source

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