Saudi Gazette, 22 Jan 2009, Ramesh Balan
JEDDAH – The Monetary Authority of Singapore (MAS) has announced a sukuk (Islamic bonds) issuance program to provide Shariah compliant regulatory assets. The development opens up a top-class avenue for investors from the Gulf seeking top-class asset handlers who have to show as an example of their acumen a whole island nation that they have helped build up from scratch as one of the best financial centers in the world – Singapore.
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