Dar es Salaam, Feb. 17 -- ZANZIBAR: THE Peoples Bank of Zanzibar (PBZ) has been selected to facilitate investments in the upcoming Sukuk bond, offering a streamlined process that supports financial inclusivity and the islands development.

The introduction of this Sukuk bond is expected to attract both local and international investors, further strengthening Zanzibars financial market and contributing to its economic growth.

PBZ Managing Director, Mr Arafat Ally Haji (pictured), said over the weekend, following the launch of the board, the Zanzibar government, that the bond is forthcoming.

“PBZ is committed to providing a seamless, transparent and customer-friendly investment process,” Mr Haji told journalists.

He explained...