All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group
Emerging Markets

Head to head: 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. Jordan signed several financing agreements with the Islamic Development Bank over the past year, the most recent of which was a $358m murabaha, via the ITFC, to finance crude oil and other fuel. IFIS spoke with 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.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree