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

Tunisia: 1 bln TD of Sukuk in 2013

Posted on 05 November 2012

“A first in Tunisia, the draft state budget of 2013, will be financed by Islamic bonds (Sukuk), with an amount of about 1,000 million Tunisian dinars (MTD),” announced Slim Besbes, Acting Minister of Finance, stating that this is part of the development of a legal framework for Islamic finance.
Besbes stressed the need to disseminate a new culture that includes all sources of funding and establish a complementarity between indirect and direct funding………………………………………..Full Article: Source

 
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