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

London (Debriefer)
2020-05-02 | Since 5 Day

Iranian oil

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

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.



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