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President William Ruto has thrown his weight behind the development of Islamic finance in the country, following the listing of the Liaison Group's Linzi Sukuk on the Nairobi Securities Exchange (NSE).
Speaking at the Nairobi bourse, Ruto hailed the 15-year, Sh3 billion Shariah-compliant bond as a "pioneering public-private partnership (PPP)" that taps into locally sourced funds.
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