Fri, Apr 25, 2014
A A A
Welcome bhaimia
RSS

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

Saudi Sukuk may serve monetary policy goals

Posted on 14 December 2011

Dr. Ibrahim Al-AssafA proposed Islamic bond issue by Saudi Arabia is important not so much because it would raise money for the country — the Kingdom does not need the cash — but because it could serve important monetary policy goals.
By making the first substantial issue of government debt for several years, authorities could pave the way for more issues if they chose. These could become a useful means to soak up funds from banks and prevent inflationary pressure from rising………………………………………..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.

banner
banner
April 2014
M T W T F S S
« May    
 123456
78910111213
14151617181920
21222324252627
282930