Rwanda bourse unveils Islamic trading rules
Tanzania, June 5 -- Kigali. The Rwanda Stock Exchange (RSE) has become the first securities exchange in East, Central and Southern Africa to establish dedicated Listing and Trading Rules for Islamic capital market products, marking a significant step towards expanding Shariah-compliant investment opportunities in the region.
The new framework is expected to facilitate the listing and trading of a wide range of Islamic financial instruments, including Sukuk (Islamic bonds), Islamic collective investment schemes and Shariah-compliant real estate investment trusts (REITs).
Speaking during a validation workshop for the rules, RSE chief executive officer, Pierre Celestin Rwabukumba, said the initiative would enhance the exchange's capacity t...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.