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Musharakah Sukuk in Islamic Republic of Iran
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The complexity of structuring sukuk was highlighted as a reason for the continued failure of sukuk to enter into globalised cross border market.
Innovation in Sukuk included Qatar Islamic Bank tapping the Formosa sukuk market in Taiwan, and Malaysia issuing a first digital retail sukuk.
The majority of the sukuk issuances in Saudi Arabia are denominated in Riyal. In 2014, Saudi Arabia became the second largest issuer of sukuk by issui
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