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

Sukuk in Africa inevitable more than anywhere else

Posted on 08 March 2012

Political uncertainty and risk could hinder sukuk growth Interest stems from resident Muslims, and Muslim wealth abroad Gambia sold USD 95 million of Salam Sukuk to date High demand by investors could overcome the high cost of selling sukuk.
African states more than ever need to fund growth plans, construction, refinance and spur investment. While reasons to tap the Islamic finance market vary from one state to another, the main ones are:……………………………………….Full Article: Source

 
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