What are the requirements for Sukuk to become an alternative investment sector?

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Investors must submit applications through the “Government Securities Investment Window” of the concerned bank or financial institution.

Bangladesh Bank will open these investor IDs through the Shariah security module created by the central bank.

Individual investors must submit the prescribed application form, bank account information, national identity card or passport, photograph, e-TIN certificate (where applicable), and nominee information along with photograph.

Bangladeshi expatriates and foreign investors must provide details of their resident foreign currency or local currency “Taka”.

Institutions, limited companies, trusts or provident funds have to submit necessary documents of registration certificate, minutes of board meetings and authorized signatories.

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