Bangladesh Should Develop Legal and Regulatory Framework Prior to Launching Sukuk: Experts

Speakers at an international workshop titled “The Issuance and Management of Sukuk in Bangladesh”, have stated that the Bangladesh regulators must work on establishing a comprehensive regulatory and legislative framework for the effective management of Sukuk in the country.

Bangladesh is set to launch its first Sukuk by December 2020, having worked on the deal for the past year and a half, in consultation with Islamic bankers and Shariah experts. Chief Guest at the event, Finance Secretary, Abdur Rouf Talukder, stated that a delegation including representatives from the Central Bank, Securities Commission, Finance Ministry and Shariah Board are due to visit Malaysia in the near future to gain hands-on experi...