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Iran authorises issuance of sukuk securities to fund oil, gas projects - Shana

Iran authorises issuance of sukuk securities to fund oil, gas projects - Shana
Iran authorises issuance of sukuk securities to fund oil, gas projects - Shana

2020-05-02 00:00:00 - From: Baghdad Post


Iran authorised the issuance of sukuk securities to fund oil and natural gas projects, state-run energy news service Shana reported on Saturday.

 First Vice President Eshaq Jahangiri signed off on a decision that allows the energy and industry ministries to issue Islamic Sharia-compliant bonds in riyals or “hard currency”, it said.