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Yemen is a good environment for issuing Islamic instruments

Posted on 05 August 2009

From Zawya.com: Yemen is a good environment for the issuing of Islamic instruments, the International Monetary Fund (IMF)’s mission, led by Ghiath Shabsigh, confirmed during its meeting with Yemeni officials chaired by Governor of Central Bank of Yemen (CBY), Ahmad al-Smawi.

The IMF’s official reviewed the final results of the mission to study the issuing of Islamic instruments in Yemen, and recommended beginning planning for issuing the instruments in order to absorb the surpluses at the Yemeni Islamic banks and to use the instruments for financing economic and social planning projects………..Full Article: Source

 
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Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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