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Sunday, 15 May 2016

Sovereign sukuks could be issued in FY2016-17

The government plans to have the mechanism in place to launch sovereign sukuks in FY2016-17, said Deputy Finance Minister for Treasury Mohamed Moeit. It is still too soon to tell when the government will begin issuing sovereign sukuks as the Finance Ministry has yet to complete legislative procedures to get the Sovereign Sukuk Act passed, he tells Al Masry Al Youm. (Read in Arabic)

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