Wed, Oct 1, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Bonds (Sukuk) more

Pakistan: MoF to generate Rs15bln through Sukuk issue

Posted on 08 March 2012

The Ministry of Finance has decided to generate Rs 15 billion through issuance of long-term Sukuk for Islamic banks to settle power sector circular debt.
Sources in the ministry told Business Recorder that in order to resolve the serious issue of power sector circular debt, the federal government has decided to generate new funds from Islamic banking industry. The Islamic banking industry has huge liquidity due to limited opportunities of investment………………………………………..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
October 2014
M T W T F S S
« May    
 12345
6789101112
13141516171819
20212223242526
2728293031