The Central Bank of Jordan (CBJ) is currently examining mechanisms to issue sovereign Islamic sukuk in the primary market in order to widen the base of investment tools that can be traded in the secondary market on the one hand and, on the other, to come up with a new method for financing the Treasury besides the traditional financing means.
Addressing experts meeting at the Arab Academy for Banking & Financial Sciences on Thursday, CBJ Governor Ziad Fariz underlined the importance of coming up with new financing tools in accordance with Sharia (Islamic law) to accelerate the economic growth………………………………………..Full Article: Source