Islamic Finance
Regulation, Risk & Compliance
Uncategorized
Bahraini bank Al Baraka plans sukuk in South Africa, Pakistan
Bahrain-based Al Baraka Banking Group said it is considering issuing subordinated Islamic bonds through its South African and Pakistani units to boost their regulatory capital. The Islamic bank's plans come at a time when sovereign sukuk are expected from both countries later this year. The lender has operations in 15…
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Click here to read the full story: Reuters