09.10.2012 - Bankers awaiting details on ‘Agrosukuk’
The government has launched a campaign to encourage more agricultural-sector companies to fund through Islamic bonds. The move is seen as a bid to develop the country's sukuk market and stimulate its agricultural industry. In the 2013 Budget, tabled on September 28, Prime Minister and Finance Minister Datuk Seri Najib Razak detailed a number of steps to stimulate and strengthen the country's capital markets. These include tax breaks, the creation of retail bonds and an additional RM400 million allocation to state-owned guarantee agency Danajamin Nasional...............................................Full Article: Source
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