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Opinion: Is Afghanistan sukuk a good investment?
May 23, 2012
From Alexander Lobov
The war-torn country is planning to issue bonds to shore up funding ahead of the Nato withdrawal. But questions over its domestic banking system and security concerns make it a very risky bet.
The impending withdrawal of the majority of Western combat troops threatens Afghanistan with a funding shortfall. Concerns about security in the aftermath of the withdrawal mean that non-government organisations (NGOs) are also likely to exit the country, together with the...
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