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شبكة شام الإخبارية
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Syria's Ministry of Finance Prepares to Issue First Sovereign Sukuk: What Does It Mean?
The Syrian Ministry of Finance intends to issue its first sovereign sukuk as a new financing instrument, aimed at diversifying funding sources and reducing reliance on traditional methods. This step is part of a strategic plan to enhance the efficiency of public finance management, following directives from the Ministry, with the goal of establishing a benchmark international yield curve and improving the domestic debt market. Sovereign sukuk are financial instruments representing shares in assets or projects and are more aligned with Islamic law, thereby expanding investment options and contributing to financial sustainability, better liquidity management, and effective monetary policy in Syria.
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