30.09.2009 - Korea: Islamic bonds to be issued next year

From Koreatimes.co.kr: Islamic bonds will likely debut here next year, as the government plans to revise regulations to attract Islamic funds. They will get the same tax benefit as other foreign currency-denominated bonds. The Ministry of Strategy and Finance announced Tuesday that it submitted a tax revision to the National Assembly. When approved, local businesses will start issuing Sukuk, or Islamic bonds....................Full Article: Source

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