| [Daily Star] Lebanese Central Bank Governor, Riad Salameh called for better indexing of Islamic stocks at an Islamic finance seminar in Beirut. “Islamic indices will be present to assist investors and increase potential for further investments in the Islamic Equities and Sukuk markets alike,” Salameh said. He also added that Islamic finance benchmarks, such as those provided by the Islamic bond index, would greatly enhance Islamic capital markets. Islamic banking in Lebanon did not make an impressive growth although they have been present in the country for more than eight years. Islamic banks operating in Lebanon have not yet been able to launch a Sukuk amid reports that the Lebanese market may not be too receptive to this type of issue. |
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