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

Korea needs incentive for investment in sukuk

Posted on 21 October 2009

From Koreaherald.co.kr: The Korean government should offer incentives to Korean investors buying Islamic financial products, known as sukuk, to help attract more money from the Middle East, according to the head of Doha Bank’s Seoul unit.

“While the Korean government is scrambling to attract Islamic funds by discussing tax benefits to investment in some types of Islamic bonds sold by Korean issuers, incentives for Korean sukuk investors are also very much in need,” Kwon Kwan-soon, who heads the Doha Bank Seoul Representative Office, said…………………..Full Article: Source

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