Morocco Mulls First Islamic Bond in Years, Says Monetary Chief

Morocco Mulls First Islamic Bond in Years, Says Monetary Chief

Morocco may sell Islamic bonds in 2025 after a seven-year hiatus, the central bank governor said, amid an investment drive for the men’s football World Cup in 2030.

Morocco Mulls First Islamic Bond In Years, Says Monetary Chief

Morocco may sell Islamic bonds in 2025 after a seven-year hiatus, the central bank governor said, amid an investment drive for the men’s football World Cup in 2030.The government is “studying” a new sukuk before the end of this year, Governor Abdellatif Jouahri said to Bloomberg on the sidelines of an Islamic finance conference in Rabat on Thursday. He did not say whether the issuance would be in a foreign or the local currency.Morocco last sold…

Morocco to resume sukuk issuance, says central bank governor

The central bank and the ministry of finance are reviewing the technical aspects of the issuance, Jouahri told reporters without offering details on the amount of the bond