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The regulations aim to regulate and provide guidance for Sukuk business operations in the United Republic of Tanzania, including supervisory mechanisms, operational standards, and disclosure requirements, with the broader goal of diversifying alternative financing product..
It has recently been reported about the first Sukuk bonds that were issued in Tanzania by Imaan Finance Limited. Sukuk are financial certificates which represent an undivided share in the ownership of tangible assets which are not receivables. The company sought..
