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{
    "id": 736489,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/736489/?format=api",
    "text_counter": 122,
    "type": "speech",
    "speaker_name": "Hon. A.B. Duale",
    "speaker_title": "",
    "speaker": {
        "id": 15,
        "legal_name": "Aden Bare Duale",
        "slug": "aden-duale"
    },
    "content": "Currently, the capital markets do not exhaustively cover all the Islamic capital products and services. This denies our economy a huge capital that could be tapped from the Islamic market, for instance the Sukuk Bond. In this regard, to create that integration of all those markets and to bring on board the Islamic markets where both Government and the private sector can borrow for infrastructure development, this Bill, through the Cabinet Secretary, National Treasury, proposes amendments to various tax legislations in order to entrench Islamic capital products in the Kenyan Capital Market. We find the Islamic products in nearly all the commercial banks in order to deal with that particular constituency. We have gone further, for The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}