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Islamic Finance Briefing - Categorized | Bonds (Sukuk), New Launches more

CBJ plans to issue sovereign Islamic sukuk

Posted on 25 March 2013

The Central Bank of Jordan (CBJ) is 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.
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, the state news agency, Petra, reported………………………………………..Full Article: Source

 
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