Latest Asset-Based Sukuk News & Updates

New Delhi, July 1 (IANS) Bangladesh’s sovereign sukuk programme has raised Tk 53,000 crore raised so far but failed to build a genuine Islamic capital market, a new report has said, after the central bank this week auctioned the country’s first short‑term sukuk- an Islamic financial instrument.On June 28, Bangladesh Bank sold a nine‑month sukuk to raise Tk 5,500 crore for rural infrastructure, the report from Bangladesh-based The Daily Star said.The report argued that these securities ar…