| The winds of change in Islamic finance are really blowing across the southern tip of the African continent - South Africa to be precise. At close of business on Dec. 21 the deadline for financial institutions to submit proposals for advising the South African government on the structuring and issuance of its debut sovereign Sukuk will expire.
Shortlisted bidders will be informed by Jan. 20, 2012, which means that the global mandate may take a few more months to be issued...............................................Full Article: Source
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