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Bahrain to launch Shari' ah compliant bourse

20 July 2010

Bahrain is to launch a bourse dedicated to Shari'ah-compliant securities, Bloomberg has reported. The Bahrain Financial Exchange, scheduled to open in October, will start trading in Islamic debt next year, CEO Arshad Khan said. "We are quite hopeful that we'll see a very liquid secondary market in sukuk, which does not exist right now, whether in London or anywhere else," Khan told the news service.

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