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

New Islamic finance instructions in France

Posted on 06 September 2010

From Arabnews.com: The possibility of the first sovereign or corporate sukuk origination out of France took a step nearer when the French government announced that it had passed new instructions to facilitate the introduction of sukuk, Ijara, Murabaha and Istisna products in France.
The measures were passed at end July 2010 but were published in the Bulletin Officiel des Impôts n° 78 on Aug. 24. They supersede the instructions published by the French government on Febr. 25, 2009, relating to sukuk and Murabaha transactions only………………………………………..Full Article: Source

 
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