Morocco to Issue its First Sukuk Islamic Bonds in 2018

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Rabat- Morocco will finally launch its first Islamic bonds, better known as sukuk, after Bank Al Maghrib (BAM) and the board of Higher Council of Ulemas’ top experts gave approval to five participatory banks to set up their Islamic finance subsidiaries one year ago, Bloomberg reported. Sukuk is the Arabic name for financial certificates defined […]

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The post Morocco to Issue its First Sukuk Islamic Bonds in 2018 appeared first on Morocco World News.

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