Japan Sukuk framework set to lapse In 2013, Japan issued its J-Sukuk Framework to accommodate Islamic papers by the local Shariah finance and banking industry. However, the regulation contained a sunset clause dictating the terms of tax neutrality, which expires in March

Pakistan strengthens Sukuk regulation

The Securities and Exchange Commission of Pakistan (SECP) took a step forward in the development of the country’s Islamic capital and debt market in September by making a raft of changes to the Sukuk regulations to encourage and support private placement. The

Regulatory focus: An African update

Africa has long been a focus area for Islamic finance, with the twin potential of large Muslim populations combined with vast natural resources and a high demand for infrastructure and project financing. But the region has been slow to take off compared