Islamic Finance
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IDB delays short-term sukuk as sector looks for liqudity tools
The Jeddah-based Islamic Development Bank has no immediate plans to issue short-term sukuk (Islamic bonds), leaving it to domestic and regional issuers to meet growing demand for liquidity management tools in the sector. A lack of sharia-compliant paper has been a major constraint for the development of Islamic finance, with…
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Click here to read the full story: Reuters