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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Compliance, Tax, Legal, Regulatory more

Jordan: Government will issue Sukuk, approve Sukuk trading at bourse

Posted on 03 December 2012

Recently, in October 2012, the Jordanian house of representatives has approved the sukuk law. According to this law, sukuk shall be tradable at the stock exchange. It is required by the state law that the owner of the sukuk shall have all rights, obligations and actions as decided by the Shariah concept.
The law has also provided a number of forms which can be used for sukuk issuances, such as, leasing, Mudarabah, Murabahah, Musharakah, Al-istisna’ and any other contract the commission approves of………………………………………..Full Article: Source

 
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