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Beirut bourse aims to attract sukuk listings

: Wednesday, May 21 - 2014 @ 00:44

The Beirut Stock Exchange (BSE) has announced it will launch an advanced electronic trading system, in collaboration with NYSE-EURONEXT International, The Daily Star has reported. The new system aims to encourage the listing of Islamic bonds, or sukuk, on the bourse and attract financing through financial markets as well as the banking sector, said acting BSE chairman, Ghaleb Mahmassani. “This system will also increase the supply and demand movement and buttress the investment confidence in Lebanon and the economy,” Mahmassani added.

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Wednesday, May 21- 2014 @ 0:44 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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