Sudan plans sukuk worth almost $1bln this year- finance minister

Sudan wants to sell international Islamic bonds, or sukuk, worth nearly $1 billion this year, its finance minister said.

  
U.S. Dollar banknotes are seen in this photo illustration taken February 12, 2018.

U.S. Dollar banknotes are seen in this photo illustration taken February 12, 2018.

REUTERS/Jose Luis Gonzalez

TUNIS- Sudan wants to sell international Islamic bonds, or sukuk, worth nearly $1 billion this year, its finance minister said on Thursday.

"The Sudanese government will issue a sukuk (worth) nearly 1 billion dollars for the first time this year," Mohamed Othman Rukabi told Reuters on the sidelines of a conference in Tunis.

"It will be late this year to finance the 2018 budget," he said, without giving details.

(Reporting by Tarek Amara Writing by Ulf Laessing) ((Ulf.Laessing@thomsonreuters.com; Reuters Messaging: follow me on twitter @ulflaessing))

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