Tunisia’s moderate Islamist-led government aims to issue 1 billion dinars ($634 million) worth of Islamic bonds next year, the first time the country has used the developing sector to fund public borrowing.
“One billion dinars will be available from the Islamic bonds in the 2013 budget‮‮‮‮ ‬‬‬‬for the first time,” Finance Minister Slim Besbes told state radio. Central bank governor Chadli Ayari told Reuters last month that Tunisia planned to issue Islamic bonds early next year………………………………………..Full Article: Source