27.11.2008 - IDB sukuk to fight global turmoil
From Arabnews.com: The Islamic Development Bank (IDB) will issue Islamic bonds (sukuk) in order to collect funds from international market place in support of member countries affected by the global financial crisis, the bank's President Ahmed Mohammed Ali said. "IDB has set up a committee to study the various aspects and effects of the global financial crisis and identify resources to finance investment projects in Muslim countries," the Saudi Press Agency quoted the IDB chief as saying..... Full Article: Source
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