sukuk
Al-Azhar: Ministry-proposed bonds at odds with Sharia
Business
January 2, 2013
Al-Azhar: Ministry-proposed bonds at odds with Sharia
Members at Al-Azhar's Islamic Research Academy have rejected a Finance Ministry-proposed bill sanctioning the introduction of Islamic financial bonds, saying…
Cabinet approves Islamic bonds law in principle
Business
December 19, 2012
Cabinet approves Islamic bonds law in principle
The Cabinet during its meeting Wednesday approved in principle a draft law on sovereign Islamic bonds and decided it would…
Govt prepares law on Islam-friendly bonds
Business
December 3, 2012
Govt prepares law on Islam-friendly bonds
The Egyptian Financial Supervisory Authority has said it is drafting a new law that would allow the use of sukuk,…
Egypt association plans list of Islamic stocks
Business
October 23, 2012
Egypt association plans list of Islamic stocks
An Egyptian association plans to launch a list of sharia-compliant equities next week as part of its efforts to raise…
In sukkuk, govt sees a solution to economic crisis
Economy
October 12, 2012
In sukkuk, govt sees a solution to economic crisis
Prime Minister Hashem Qandil announced last month his government’s intention to issue one or two rounds of sukuk, a…
Egypt to sell short-term dollar debt in March, report says
Business
February 21, 2012
Egypt to sell short-term dollar debt in March, report says
CAIRO — Egypt plans to offer US-dollar certificates of deposit to Egyptians living abroad at the beginning of March to…
Government prepares to sell US$2 bn in Islamic bonds, says scholar
Business
February 14, 2012
Government prepares to sell US$2 bn in Islamic bonds, says scholar
The government, seeking to head off a funding crisis, is preparing to raise about US$2 billion through its first issue…