IslamicFinance.de

The moderate Islamists-led government of Tunisia makes plans to issue sukuks worth 1 billion dinars ($634 million) in the coming year. Thus, the country will be using this financial sector for the first time in order to fund public borrowing. Chadli Ayari, the governor of the Central Bank, prompted that the issuance is t be expected at the beginning of 2013. Just as several other government in North Africa, Tunisia has waken up after last year's Arab Spring to see and make use of the strong growth potential in the Islamic banking sector.

Tunisian central bank intends to issue Islamic bonds early next year, according to the central bank governor. Finance ministry, religious affairs ministry and the central bank have set up committees that are currently working on an Islamic finance law in order to strengthen the Islamic banking in the country.

See more under: http://www.english.globalarabnetwork.com/2012100112595/Finance/central-b...

The central bank governor of Tunisian Central Bank has announced country's plan to issue Islamic bonds early 2013. Tunisian government is currently working on an Islamic finance law that should constitute Islamic banking in Tunisia, where at the moment only two Islamic banks exist. The law is going to be prepared within two weeks, after which the Government of Tunisia will decide whether to legislate it or not.

See more under: http://english.ahram.org.eg/NewsContent/3/12/54296/Business/Economy/Tuni...