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Sukuk to provide $10bln financing annually – FinMin’s aide

Dr. Ahmed El Naggar, advisor of Finance Minister for Sukuk affairs said today that the government expects the value of investments to be financed through Islamic bonds to be around $10-15 billion annually. In a phone interview with Anadolu Agency, El Naggar added that the first tranche of Sukuk issue will likely be seen next July, especially as the issuance of the executive regulation of Sukuk law will take nearly 45 days.

Date : 2013-05-13 05:53:53 Source : Mubasher

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