Dhaka, Nov. 4 -- The Bangladesh Bank is preparing to issue the 7th 'Bangladesh Government Investment Sukuk' (Islamic bond) valued at Tk 2,500 crore.

The Sukuk is aimed at funding the Important Rural Infrastructure Development Project for Noakhali, Feni, and Lakshmipur (IRIDPNFL) districts. This Islamic Shariah-compliant bond is expected to inject a major economic boost into the rural infrastructure of the country's south-eastern region.

The information was confirmed in a press release issued today (Tuesday), by Saida Khanam, Director (Ex-Cadre-Publication) of the Department of Communications and Publications and Assistant Spokesperson for the Bangladesh Bank.

The decision was finalized during the first meeting of the Shariah Advisory C...