18.01.2011 - Pakistan funds push for Sukuk to invest cash
From Bloomberg: Fund managers in Pakistan are urging the government to increase sales of Islamic debt, saying a 13- fold rise in sukuk sales this year isnít enough for them to invest inflows of cash. The central bank plans to auction 45 billion rupees ($526 million) of three-year sukuk in the domestic market on March 1 and another 55 billion rupees in the three months ending June 30..............................................Full Article: Source
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