CIVIL - MILITARY FUSION CENT RE Afghanistan Review Week 25 19 June 2012 Comprehensive Information on Complex Crises This document provides a weekly overview of developments in Afghanistan from 12 – 18 June 2012, with INSIDE THIS ISSUE hyper-links to source material highlighted in blue and underlined in the text. For more information on the Economic Development topics below or other issues pertaining to events in Afghanistan, contact the members of the Afghanistan Team, or visit our website at www.cimicweb.org. Governance & Rule of Law Security & Force Protection Economic Development Steven A. Zyck ►
[email protected] Social & Strategic Infrastructure he Afghan Central Bank, known as Da Afghanistan Bank (DAB), was the subject of DISCLAIMER two recent media reports. Firstly, Noorullah Delawari, DAB’s governor, says that laws permitting the issuance of Islamic bonds, known as sukuk, will soon be presented to the The Civil-Military Fusion Centre T Afghan parliament, according to Pakistan Today. Such bonds would then be introduced in ear- (CFC) is an information and ly 2013. Sergey Dergachev, a German asset manager specialising in developing countries, says knowledge management organisa- that, following the introduction of sukuk, Afghanistan’s “dependence on foreign grants will be tion focused on improving civil- lowered, and a new market will appear on the map for sukuk investors that will provide inter- military interaction, facilitating esting diversification opportunities”. Afghan bankers also suggest that the Sharia-compliant information sharing and enhancing nature of sukuk may allow these bonds to draw in Afghans who have formerly shunned what situational awareness through the they considered to be forms of investing banned by Islam.