IFIS interview: Bassem Awadallah, former Jordan finance minister

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IFIS interview: Bassem Awadallah, former Jordan finance minister

Islamic finance has just begun to gain ground in Jordan. Its government passed a sukuk law last year but has yet to issue a sovereign deal, although it has signed several financing agreements with the Islamic Development Bank. EuroWeek’s sister publication Islamic Finance Information Service spoke to Bassem Awadallah, former finance minister of Jordan and a board member of Al Baraka Bank, about the development of Islamic finance and its wider economic impact.

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