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

New finance minister to review sukuk law

Posted on 14 January 2013

The sovereign sukuk law is intended to organise the financing of the government, state budget, national projects and public institutions. It was released by the government but opposed by Al-Azhar and Islamic parties.
The cabinet has referred the draft sukuk law to the newly-appointed Finance Minister Al-Morsy Hegazy to be reviewed in coordination with the ministries of investment and justice, the grand mufti of Al-Azhar, the Shura Council, the Islamic studies congregation and Dar Al-Iftaa………………………………………..Full Article: Source

 
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