Sukuk issue expected from Kazakhstan next year

Sukuk: Kazakhstan expects  to able to be in  a position to issue Islamic bonds (sukuk) next year, according to the  chairman of its national bank Kairat Kelimbetov.“The legislation that regulates the sphere of issuance of Islamic obligations is already in place,” he said yesterday, “and there will be good opportunities to attract sovereign and quasi-sovereign obligations next year.” AKIPress