Govt to place Haj funds in dollar sukuk
23 Nov 2013 05:25 GMT
 
The government is considering placing haj funds in US dollar-denominated government sukuk (sharia bonds) to safeguard pilgrims' money against the risk of currency mismatch, as well as to boost the development of the country's Islamic financing. (more)

The government is considering placing haj funds in US dollar-denominated government sukuk (sharia bonds) to safeguard pilgrims' money against the risk of currency mismatch, as well as to boost the development of the country's Islamic financing.

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