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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Market Moves more

South Korea Sukuk bill triggers backlash from Christian groups

Posted on 26 August 2010

From Bloomberg: South Korean lawmakers may revive legislation scuttled earlier this year amid opposition from church leaders that would pave the way for the first Islamic bond sales in the country.
A group of legislators will review the proposal as early as November regulating taxes on sukuk, or bonds that comply with Shariah law, said Choi Sung Soo, assistant director of the office of the committee’s Chairman Kang Ghil Boo……………………………………….Full Article: Source

 
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