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

El-Najjar: Ministry of finance to issue Sukuk law in June

Posted on 27 February 2013

The Ministry of Finance intends to issue the Sukuk project law next June to raise between $500million and $1bn for state coffers, said Ahmed El-Najjar, member of the economic committee at the Freedom and Justice Party (FJP) and advisor to the minister of finance.
He added that a number of projects are currently under review in order to guarantee that the possibility of their financing through sukuk. These projects will be mainly in the fields of transportation and trade, he said………………………………………..Full Article: Source

 
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