Ireland: Gov't plans to be first EU state to sell Islamic bond

Ireland: Gov't plans to be first EU state to sell Islamic bond

Via the Irish Examiner (h/t Jihad Watch):
IRELAND plans to become the first European nation to sell sovereign sukuk — Islam-approved financial certificates — as its equal tax treatment for Islamic-finance products attracts investors.

The Government has agreements with more than 60 countries to avoid double taxation on Islamic transactions, Miche√°l Smith, the south-east Asia director of IDA Ireland, said.

(source)