How sukuk can solve infra gap

• Autores: Lizzie Meager
• Localización: International financial law review, ISSN-e 0262-6969, Vol. 35, Nº. 30 (8/1/2016), 2016
• Idioma: inglés
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• Resumen

  • The article discusses how suksuk or Islamic bonds can prove to be a perfect fit for infrastructure projects. The World Bank's lead financial sector specialist Zamir Iqbal had urged market participants in the Middle East and North Africa region to use Islamic bonds for funding their projects, which suffer a huge funding shortage. South Africa's government issued its first sovereign sukuk in 2014, while Nigeria is expected to issue its first in 2016