Home » world » Kenya Welcomes First Sukuk Bond: A Breakthrough in Islamic Finance

Kenya Welcomes First Sukuk Bond: A Breakthrough in Islamic Finance

by Alexandra Hartman Editor-in-Chief

2023-09-21 19:36:51

After having prepared the ground by revising its legislation governing Islamic finance (since 2016), Kenya is preparing to welcome the first Sukuk bond through a public real estate development company. Indeed, the Kenyan Capital Markets Authority (CMA), policeman of the Nairobi Stock Exchange, announced this Wednesday, September 20 that it had given……

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