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From Sundaytimes.lk: Sri Lanka has been urged to use Sukuk, (Islamic financial certificates), to channel millions of dollars of Muslim community funds into post-war development projects.
According to market estimates, funds worth US$ 150 million are in circulation, in the form of informal arrangements, among the Muslim community inside Sri Lanka alone…………..Full Article: Source
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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Market Moves more
Sri lanka: Sukuk certificates to attract Muslim millions for post-war development
| Posted on 31 August 2009 |
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