Morocco views changes to laws to accommodate Shariah bonds
On November 28, 2012 · In Islamic Bonds, Morocco, Shariah Bonds, SUKUK
Morocco appears set to join the list of nations, such as Oman and Jordan, who have changed their tax laws to give preferential treatment to sukuk, or Shariah-compliant bonds.
Sukuk are becoming increasingly widespread and are on a trajectory to become a force in the world debt markets. Rich Islamists are already trying to insist on the use of sukuk over conventional bonds as a means of pushing their Shariah agenda around the globe…