Tuesday, June 2, 2020

Social Waqf sukuk urged for Islamic finance industry

Bahrain Business

MANAMA: The Islamic finance industry needs to work out a revenue generation aspect for a long-term socially-driven Waqf sukuk, experts have urged. This was the consensus view in the first Islamic Finance Virtual Forum on ‘Covid-19 Economic Implications, Islamic Finance and the Way Forward’ organised by Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) .