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

Shura council approves sukuk draft law

Posted on 12 March 2013

The Shura Council approved the sukuk draft law during its general session on Monday after deliberations and voting entered its fifth day. The final draft law consists of the council’s economic and financial committee proposal, the government’s proposal and the Shura Council’s joint committee proposal.
The Shura Council modified 13 articles in the draft law. The final report from the committee mentioned that there are some items that have been further developed and modified………………………………………..Full Article: Source

 
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