SBP to develop practical solutions for Sukuk structure: Murtaza Syed

MG News | May 31, 2022 at 10:01 PM GMT+05:00

0:00

May 31, 2022 (MLN): In order to develop practical solutions for Sukuk structures, especially Asset Light Sukuk Structures, the State Bank of Pakistan (SBP) is constituting a working group comprising SBP, SECP, MoF, PBA, Shariah Scholars and Centers of Excellence in Islamic Finance, Dr Murtaza Syed, Governor (A) said while speaking at World Islamic Finance Forum (WIFF) 2022.

Islamic banks are facing challenges due to irregular issuance of Sukuk. SBP is working with all stakeholders to ensure the regular availability of Sukuk, he added.

WIFF2022, the two-day forum was organized by the Institute of Business Administration (IBA)’s Centre for Excellence in Islamic Finance (IBA CEIF) on May 30 and May 31, 2022.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	159,096.79 286.00M	-0.30% -481.40
ALLSHR	96,671.31 956.17M	-0.27% -260.40
KSE30	48,148.75 102.85M	-0.46% -220.17
KMI30	227,277.27 68.51M	-0.56% -1278.41
KMIALLSHR	62,859.90 336.58M	-0.52% -331.18
BKTi	44,327.12 35.20M	-0.45% -200.35
OGTi	30,536.59 6.65M	-0.82% -252.55

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	101,555.00	102,140.00 101,015.00	345.00 0.34%
BRENT CRUDE	63.59	63.71 63.53	0.21 0.33%
RICHARDS BAY COAL MONTHLY	87.25	87.25 87.25	0.10 0.11%
ROTTERDAM COAL MONTHLY	97.10	97.10 96.50	-0.10 -0.10%
USD RBD PALM OLEIN	1,082.50	1,082.50 1,082.50	0.00 0.00%
CRUDE OIL - WTI	59.66	59.80 59.60	0.23 0.39%
SUGAR #11 WORLD	14.22	14.44 14.04	0.11 0.78%