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Breaking News

GENDER BASED VIOLENCE: OSUN STATE GOVERNMENT SET TO ESTABLISH MOBILE COURTS  | Governor Adeleke, Women Affairs Minister Strike Deals on Women Development | Osun: Environment Commissioner, Adejoorin Counsels Residents On Indiscriminate Dumping of Refuse | Birthday: Governor Adeleke Felicitates with Elerinmo of Erinmo | Governor Adeleke Approves Construction of Hajj Camp for Osun State | Governor Adeleke Approves Construction of Hajj Camp for Osun State | Fake News: Osun Government Sets up Action Committee On Cyber Crimes, Cyber Bullying | His Excellency Gov. Ademola Adeleke observed Iftar with Royal Fathers in Osun | For Ramadan /Easter Needs, Governor Adeleke Approves March Salaries, Pensions, Palliatives | Governor Adeleke Approves Promotions within Civil Service | Governor Adeleke Sets up Implementation Panel on the White Paper on Contract Review Committee | Courtesy visit by Minaret International University Foundation | It”s our collective interest for Mr President to succeed – Gov Adeleke | GOVERNOR ADELEKE CONGRATULATES NEW NACA DIRECTOR–GENERAL, DR. TEMITOPE ILORI | OSUN APC IS A LYING MACHINE- GOVERNOR ADELEKE DID NOT TAKE ANY LOAN | Governor Adeleke Salutes Barr Owolade at 70 | Governor Adeleke Opens Rehabilitated Government House, Says Upgrading State Assets is a Policy | Olubadan’s Exit: Gov Adeleke Commiserates with Gov Makinde, Ibadan people | The management of the Federal College of Education, Iwo paid a courtesy visit to Gov. Ademola Adeleke | The World Health Organization (WHO) team led by Prof. Ebun Adejuyigbe paid a courtesy visit to Governor Ademola Adeleke
Aregbesola (1)
Webmaster October 23, 2017

International Financial Experts Applaud Aregbesola For Judicious Use of SUKUK Bond

Governor of the State of Osun, Ogbeni Rauf Aregbesola has been applauded for his use of Sukuk Bond by the Managing Director, United Insurance, Sudan,Dr. Tarig Khalil, Professor Ziyaad Mahomed of IFISA, Mounir Aliya from Saudi Arabia and Dr Umar Abdul Mutallab who expressed their satisfaction at the African International Conference on Islamic Finance, in Abuja.

 

 
At the event, Dr. Umar Abdul Mutallab who described Aregbesola as fairless, transparent and prudent in financial resources said
“Aregbesola embraced SUKUK when many States and Countries lack the deep understanding of what SUKUK really stands for and utilise the opportunity judiciously. State of Osun under the administration of Rauf Aregbesola has become a reference points to states and Countries ín West Africa which the Federal Government of Nigeria has just key into recently with One hundred billion naira SUKUK bond”.
Meanwhile, Ogbeni Rauf Aregbesola who was represented by the Commissioner of Finance, explained that the decision to have a combination of both the conventional and faith -based bond in its Bond Issuance programme in 2013 was borne out of the desire to ensure easy marketability of the bond and also to further exhibit the current administration’s transparency and accountability in her various financial transactions.

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