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

Jordan sovereign Sukuk law almost ready

Posted on 20 October 2010

From Reuters: Jordan’s first ever law covering the issuance of sovereign Islamic sukuk has been finalized and bankers and officials hope it will let the kingdom tap the fast-growing Islamic banking industry’s huge pool of liquidity.
Prominent Islamic bankers, along with members of a top-level ministerial committee mandated with drafting the sukuk law, said the legislation removes legal uncertainties and would be submitted to the cabinet in as little as two weeks……………………………………….Full Article: Source

 
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