43.Which country has raised USD 1 billion loan with Sukuk (Islamic Bond)? [A] Iran [B] Syria [C] Pakistan [D] Afghanistan Show Answer
Pakistan has raised a whopping $1 billion loan through the Sukuk bond at a record 7.95 per cent interest rate, the highest cost that the cash-strapped country has agreed to pay in its history on an Islamic bond, and has also agreed to pledge a portion of the Lahore-Islamabad Motorway in return for the much-needed loan,