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

South Africa poised to launch debut Islamic bond

Posted on 05 July 2012

South Africa is preparing to launch sub-Saharan Africa’s first Islamic bond, paving the way for issues by other countries in the region, officials said on Wednesday.
Thuto Shomang and Monale Ratsoma of the South African Treasury’s government borrowing department told Reuters that South Africa was leaning towards a dollar-denominated, five-year sukuk, using an ijara structure………………………………………..Full Article: Source

 
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