| |
|
|
 | Jordan begins studying mechanism to issue Islamic sukuk  | |
MENAFN - Jordan Times
- 19/09/2010
|
|
|
(MENAFN - Jordan Times) The government is working to speed up the use of Islamic-based financing tools as it has recently formed a committee to study mechanisms of issuing sukuk, Finance Minister Mohammad Abu Hammour said Saturday.
In a statement to The Jordan Times, the official said the government is serious about using Islamic sukuk to provide funds for carrying out vital and top priority projects.
He indicated that a government committee was formed recently to study legislative issues for issuing sukuk. The pane? is headed by minister of awqaf and Islamic affairs and includes the minister of justice, who is the committee deputy chairman, and deputy governor of the Central Bank of Jordan in addition to several officials from the finance ministry as members.
The committee will be working on studying the mechanism of issuing Islamic sukuk including financial, legal and technical matters, he noted, adding that the panel, which can take advise of experts and specialists in this field, will also examine mechanisms that?go in line with Sharia rules and Jordanian legislations.
|
| |
|
|
MENA News Headlines
|
 | Jun 19 2013 | UAE's Masdar, ADFD launch 1st wind farm in Seychelles ,MENAFN | | (MENAFN) Masdar's CEO and UAE minister of state, Dr. Sultan Ahmed Al Jaber, stated that the Abu Dhabi-based renewable energy firm, in partnership with Abu Dhabi Fund for Development (ADFD) launched a ... |
| | Jun 19 2013 | UAE Depa's Saudi business tops USD272m ,MENAFN | | (MENAFN) Depa Limited Chief Executive Officer, Mohannad Sweid, stated that the interior contracting firm's Saudi Arabia business amounted to more than USD272 million, reported Arabian ... |
| | Jun 19 2013 | British court quashes sanctions on Iranian bank ,AFP | |
(MENAFN - AFP) Britain's Supreme Court on Wednesday quashed government sanctions that had been imposed on Bank Mellat, Iran's largest private bank, due to its alleged links to Tehran's disputed ... |
| | Jun 19 2013 | Miss Algeria contest resumes after 10 years ,AFP | |
(MENAFN - AFP) After an absence of 10 years, the Miss Algeria beauty contest is to resume on Friday in the western city of Oran, organisers said.
A total of 20 women aged between 18 and 26 have ... |
| | Jun 19 2013 | Telecom operator Viva, National Bank of Kuwait Group sign USD270m deal ,MENAFN | | (MENAFN) Telecoms operator Viva's Chief Executive Officer, Salman Al Badran, stated that the company signed a financing deal of USD270 million with the National Bank of Kuwait Group, reported Arabian ... |
| | Jun 19 2013 | Cyprus not seeking to renegotiate bailout: govt ,AFP | |
(MENAFN - AFP) Cyprus denied on Wednesday that it is trying to wriggle out of bailout commitments after President Nicos Anastasiades wrote a letter to international lenders criticising the terms of ... |
| | Jun 19 2013 | Asian markets mostly down ahead of Fed decision ,AFP | |
(MENAFN - AFP) Asian markets were mostly lower Wednesday, with focus on the US Federal Reserve's policy meeting later in the trading day, but Tokyo enjoyed another rally as data showed a surge in ... |
| | Jun 19 2013 | Alcatel-Lucent reveals radical strategy shift ,AFP | |
(MENAFN - AFP) Telecom equipment maker Alcatel-Lucent announced a radical new strategy on Wednesday to climb out of years of crisis with cost cutting, asset sales and a restructuring of debt.
The ... |
| | Jun 19 2013 | China 'may resume IPO approvals in July' ,AFP | |
(MENAFN - AFP) China's stock regulator could resume approving new stock offers as early as July after an eight-month suspension, state media said Wednesday.
The China Securities Regulatory ... |
| | Jun 19 2013 | Jawbone teams with nonprofit to keep children fit ,AFP | |
(MENAFN - AFP) Fitness wristband maker Jawbone on Tuesday teamed with Alliance for a Healthier Generation to promote healthier lifestyles in children.
Jawbone introduced an orange edition of its ... |
|  more... |
|
|
|
|
 |
|
|
|
|
