(Albany, NY) Today, Senator Parker introduced a bill that will create a new type of bond designed to attract more foreign investment to New York, creating jobs and opportunities for small businesses and working families.
Senator Parker’s bill mandates the creation of “alternative finance investment bonds (AFIBs),” which are also known as sukuk. Unlike traditional bonds, these innovative new bonds open up investment opportunities to those whose religious or personal beliefs proscribe them from engaging in transactions where interest is charged. These investors are therefore precluded from using conventional debt instruments such as bonds.
Since January 1971, the Grammy Award winning Sounds of Blackness have consistently performed, recorded and proudly proclaimed the music, culture and history of African Americans to audiences around the world.
Senator Parker Remembers Civil Rights and Media Legend Percy Sutton “The passing of Mr. Percy Sutton is a tragic loss for our nation. Not only have we lost one of the great icons of American Politics, but we have also lost a man who dedicated his life to ensure that everyone is afforded the same rights and opportunities.” “Percy Sutton inspired millions of African Americans all over the world and fought with great courage for many righteous causes.