ICIEC set to launch sukuk policy to facilitate credit enhancement

The Islamic Corporation for the Insurance of Export Credits and Investment (ICIEC) is still taking into consideration the idea of a third party sukuk guarantee fund.
However, Abdel Rahman Taha, the chief executive officer of ICIEC, states that the corporation has began to work internally to design a new sukuk policy which can be presented as a means to improve the credit structure and appeal of sukuk. It is expected that this new policy will be able to provide the much needed pause to the sukuk market.