You are here
Jordan ready to issue sukuk this week
Jul 20,2014 - Last updated at Jul 20,2014
AMMAN — Prime Minister Abdullah Ensour on Thursday will patronise a ceremony to officially launch the Islamic sukuk (finance bonds) in Jordan, the Jordan Securities Commission (JSC) said Sunday after it finished preparing all regulations and instructions needed to regulate the issuance of these bonds for economic activities in the private and public sector.
According to JSC, the three capital institutions (JSC, Amman Stock Exchange and the Securities Depository Centre) are now ready to issue the bonds.
Related Articles
The Islamic debt market in Jordan is set to capitalise on growing worldwide interest in sukuk (sharia-compliant bonds) after long-awaited regulations allowing banks to issue and buy the financial instrument have been put in place, paving the way for a sovereign issuance.
AMMAN — The Ministry of Finance is requesting the approval of the Jordan Securities Commission (JSC) to set up a special purpose vehicle (SP
AMMAN — The Board of Commissioners of the Jordan Securities Commission (JSC) has approved the Central Bank of Jordan's (CBJ) request to regi