Islamic debt securities
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$26m Worth of Bonds to Fund Kish Infrastructure Projects
EghtesadOnline: The Securities and Exchange Organization has given the go-ahead to the High Council of Free Zones to issue 3,000 billion rials ($26.2 million) worth of sukuk (Islamic debt securities)…
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$136m Worth of Sukuk to Fund Road Maintenance in Iran
EghtesadOnline: The government has given the go-ahead to Road Maintenance and Transportation Organization to issue 6 trillion rials ($136 million) of Islamic debt securities to finance its operations.
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Commission Sets Cap for Bond Sales in Next Fiscal Year
EghtesadOnline: The Majlis Joint Commission has given the nod to most of the government’s proposed figures in the budget bill for the next fiscal year (starting March 21) regarding the issuance…