Govt to introduce project sukuk, sharia T-bills
The Finance Ministry’s debt management office plans to introduce new sharia-compliant debt instruments, including project Islamic bonds (sukuk) designated for infrastructure projects and sharia short-term Treasury bills.
The ministry was also studying plans to introduce one-year sharia and regular T-bills to meet demands for short-term sharia notes and to help the liquidity management of sharia banks.
Syndicate
