UAE: The UAE’s Ministry of Finance and the Central Bank of the UAE have jointly launched a joint project named ‘Developing the Local Debt Capital Market in the Country’. Both entities will establish programs for issuing local public debt instruments, including Islamic treasury Sukuk in dirhams, and trade them in the primary and secondary local markets. The project aims to build and enhance the yield curve in UAE dirhams and provide reference pricing points for local financing operations carried out by financial institutions within the country.
Restricted Access
Login to continue reading (existing subscriber)
Subscribe NOW and get:
- Gain unlimited access through all key operating platforms
- Full access to all listed Islamic funds & fund profiles
- Unlimited access to all Islamic fund managers
- Access to all exclusive articles, reports, podcasts & videos
- Complimentary access to all IFN Investor Forums
