In his opening speech, the chairman of the JSC thanked the ASE for organizing and holding this event. He mentioned that the JSC has accomplished the regulations which are related to the islamic sukuk and the preparation of the appropriate investment, technical and administrative environment in order to succeed the Sukuk issuance. He also added that the capital market institutions hope that Jordan to be an attractive markets in this field.
Mr. Mosa shahadh, the Chief Executive Officer and the General Manager of the Islamic Bank of Jordan, presented the historical initiation for Islamic finance in Jordan, and the bank leadership in this field . He also explained the advantages and benefits associated with Sukuk, its impact on economic development and its important role in mobilizing the national savings and providing new financial investment tools .
The workshop agenda which was presented by Dr. Basil Shaer covered the main topics in relation to Islamic Sukuk such as but not limited to; the definition of Islamic Sukuk types, the impact of Sukuk on economic development, the benefits for issuers and investors of Sukuk, laws and regulations which organizes the issuance of Sukuk in Jordan and introduce the different stages and an application model for the issuance process. It’s worth mentioning that more than 200 participants attended this workshop from different entities for two full days 29th and 30th May 2016.