| 04.10.2010 - Jordan Cabinet approves issuance of sukuk for Al-Rajhi |
| From Arabnews.com: The Jordanian Cabinet has approved the issuance of Islamic bonds (sukuk) for Al-Rajhi group at its request for financing an expansion of its investment base in Jordan, an official statement said Sunday. However, the Cabinet stipulated that the Al-Rajhi should "coordinate" this move with legal bodies in the Hashemite kingdom, including the Fatwa Department, and should buy the sukuk from Jordanian banks..............................................Full Article: Source |