EghtesadOnline: Capital market authorities from Iran and Ghana signed a memorandum of understanding for cooperation between the two regulators in Tehran on Tuesday.
The MoU, signed by Iran’s Securities and Exchange Organization and Ghana’s Securities and Exchange Commission, had sharing of experience and financial expertise as its main focus, Securities and Exchange News Agency reported. Ghanaians expressed interest in participating in SEO’s international courses and learn about sukuk (Islamic bonds), which are considered a relatively new instrument in Ghana. The two sides also agreed to move toward setting up a shared exchange-traded fund. The Ghanaian delegation is in Tehran for a two-day visit to meet with officials from Tehran Stock Exchange, Iran Fara Bourse, Iran Mercantile Exchange and Central Securities Depository of Iran, according to Financial Tribune.