Malta could be considering issuing a sovereign Sukuk – the asset-backed, tradable bond that is structured in accordance with Shariah law.

Prime Minister Joseph Muscat is said to be considering issuing a small Sukuk “to see what the reaction of the markets would be and to give a political message that this is the sort of instrument we are in favor of.”

In other words, in favor of Shariah…

http://www.maltatoday.com.mt/business/business_news/42012/malta_mulling_sukuk_issue__banker_middle_east#.U-KpplYirwI

 

 

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