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Three Omani firms plan to float sukuks next year

Published: 20/12/2012 05:26:21 AM GMT
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Muscat: At least three Omani companies, including Tilal Development Company (TDC), are planning to float Islamic debt instruments or sukuks nex (more)

Muscat: At least three Omani companies, including Tilal Development Company (TDC), are planning to float Islamic debt instruments or sukuks next year. "We have given initial approvals for Tilal Development Company and an institution to float sukuks," said Abdullah bin Salem bin Abdullah Al Salmi, Executive President of the Capital Market Authority (CMA).

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