Uganda's inaugural sovereign Sukuk has received a major boost after the Bank of Uganda classified its certificates as High-Quality Liquid Assets (HQLA).
By
The Citizen Reporter
Media/news company
Mwananchi Communications Limited
Kampala. Uganda's inaugural sovereign Sukuk has received a major boost after the Bank of Uganda classified its certificates as High-Quality Liquid Assets (HQLA).
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Uganda has stepped up efforts to attract Tanzanian investors into its inaugural sovereign Sukuk issuance worth €405 million…
Uganda has stepped up efforts to attract Tanzanian investors into its inaugural sovereign Sukuk issuance worth €405 million…
The government has raised Tk 42,400 crore through sukuk, a shariah-compliant investment instrument akin to bonds, since its…
RIYADH: The Islamic Development Bank has mobilized over $55 billion in sukuk issuances since 2003, with its latest €500 million…
The bond is tax-exempt and will be cross-listed in the regional markets, including the Nairobi Securities Exchange.
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