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KSA to continue issuing sukuk for financing government projects

KSA to continue issuing sukuk for financing government projects
Saudi Arabia is planning to continue issuing sukuk for financing government projects

Riyadh – Mubasher: Saudi Arabia is planning to continue issuing sukuk for financing government projects, in line with the budget, according to Saudi Arabia’s Finance Minister, Mohammed Al-Jadaan.

In a speech delivered on his behalf by his deputy, Hamad Bin Suleiman Al-Bazai, during the Sukuk Conference, organized by the Capital Market Authority (CMA) and the World Bank, Al-Jadaan said that there is no time frame for the sukuk issuance which was announced by the finance ministry, Alriyadh Newspaper reported on Saturday.