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

Commodities & Futures
© Reuters.  © Reuters.

DUBAI (Reuters) – Iran authorised the issuance of sukuk securities to fund oil and projects, state-run energy news service Shana reported on Saturday.

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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