| From Dow Jones: The state-owned Islamic Bank of Thailand plans to issue THB5 billion ($164 million) in long-awaited Islamic bonds, or Sukuk, within this year, bank president Theerasak Suwannayos said Wednesday. The bank is awaiting approval of relevant regulations involving tax and asset transfer fees, he told reporters.
Its plan to introduce the first Sukuk in Thailand has been postponed for several years due to repeated delays in approvals of regulatory framework..............................................Full Article: Source
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