30.03.2011 - Morocco plans to authorise first Islamic bonds

Morocco's central bank is in talks with the country's banking industry group GPBM on regulations that would allow Islamic bond issues, known as sukuk, the central bank head said on Tuesday. "As part of the gradual introduction of Islamic finance products, we are currently negotiating with GPBM the legal framework for sukuk issues," Abdellatif Jouahri told Reuters...........................................Full Article: Source

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