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Budget 2021-22

Introduction of derivatives in stocks in the offing

03 Jun 2021 18:32:40 | Update: 03 Jun 2021 18:32:40
Introduction of derivatives in stocks in the offing

Niaz Mahmud

Finance minister AHM Mustafa Kamal has said that the government is taking various initiatives for the betterment of stock market.

The minister said this while unveiling the proposed budget of Tk 603,681 crore for 2021-22 fiscal year at parliament on Thursday.

In his budget speech, the finance minister said that the government was considering introduction of various modern instruments such as sukuk, derivatives and options in the stock market.

“We have introduced a shariah-compliant investment instrument or sukuk to integrate the market with this evolving economic trend and to address issues related to sukuk, we have formulated the Government of Bangladesh Investment Sukuk Guideline-2020,” Kamal said.

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