Malta could be considering issuing a sovereign Sukuk – the asset-backed, tradable bond that is structured in accordance with Shariah law. Prime Minister Joseph Muscat is said to be considering issuing a small Sukuk “to see what the reaction of the markets would be and to give a political message that this is the sort of instrument […]
Malta is preparing legislation to allow Shariah compliant banking and other financial services to attract investment, Prime Minister Lawrence Gonzi told Hedge Funds Review in an interview. He revealed that the government is keen to expand the financial services industry offering to the Arab world by allowing banking in consistency with the principles of Islamic […]
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