The government raised Tk 5500 crore by issuing Short Term Investment Sukuk (BGIS) for the first time. However, the interest of Islamic banks and financial institutions towards this sukuk was much higher than expected. As against the amount called for by the government, bids of Rs 56,607 crore have been received, which is more than 10 times the target. Bankers say the pace of investment in the private sector is still not up to expectations and… details
