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Saudi Arabia to foster sukuk market as stocks open to foreigners
Opening its US$568 billion stock exchange to foreigners for the first time may be the push Saudi Arabia needs to boost its sukuk market. The Riyadh-based Capital Market Authority plans to make the process of structuring bonds that comply with Islam's ban on interest easier, according to Adel Al-Ghamdi, chief…
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Click here to read the full story: Business Times