Bangladesh's Islamic banks to get separate quota on government sukuk auctions
Published 22 Mar,2021 via The Financial Express - Amid growing demand for the instrument, the central bank has decided to introduce a separate quota on Sukuk or Islamic bonds for the country's Shariah-compliant or Islamic banks, officials said.
The Bangladesh Bank (BB) did not offer any quota while holding its first auction, they said, but would introduce it from the next auction scheduled to be held in June next.
The decision came at a recent meeting of the central bank, but without setting any quota limit.
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The Financial Express