From Koreaherald.co.kr: Korea’s plan to tap into the Islamic finance market faces a setback as a parliamentary committee failed to approve a bill aimed at relieving tax burdens that have virtually blocked local companies from selling Islamic bonds.

A subpanel of the National Assembly’s Strategy and Finance Committee on Tuesday decided to put on hold a vote on the government proposal to exempt tax on profit distributions from Islamic bonds, or sukuk……………………………………Full Article: Source