06.10.2011 - Oman soon to allow firms to issue Sukuk
Omani companies will soon be allowed to issue sukuk to raise funds in the local market. The country’s Capital Market Authority (CMA) is preparing the necessary regulations to facilitate the issuance of corporate sukuk, Muscat Daily reported Tuesday. Yahya bin Said Al Jabri, executive president of CMA, said CMA is preparing the ground for takaful and sukuk products and have sent teams to Malaysia and Bahrain to study how the markets for Islamic products work..............................................Full Article: Source
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