Tag: Islamic bonds

Jordan Expected to Issue Debut Sukuk

July 14, 2015 / 2790 views

Jordan said last month it was going to issue its first ever sovereign sukuk, or sharia-compliant bonds, soon. The long anticipated issuance is expected to rake in some JD400 million to finance real estate projects, a source familiar with the topic…

Sukuk Market Set for Lift-Off

April 20, 2015 / 4733 views

With new regulations firmly in place, Sharia-compliant bonds finally appear to be gaining traction in Jordan. The Islamic debt market in Jordan is set to capitalize on growing worldwide interest in sukuk, or sharia-compliant bonds. This comes after long-awaited regulations…