| 03.08.2012 - Yield curve vital to issue sukuks: CMA |
| Development of an yield curve is vital to encourage companies to come out with Islamic debt instrument or sukuks, once the regulations are in place, said the executive president of the Capital Market Authority (CMA). CMA is in an advanced stage to formulate new regulations for sukuks and takaful insurance firms, after the government decided to open up the market for Islamic finance last year...............................................Full Article: Source |