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Egyptian Cabinet approves starting procedures for int. sukuk issuances

Finance Minister Maait added that work on the executive regulations of the law will be completed within three months

Egypt’s capital market indicators saw significant growth in 2021 | FRA Head

On the sideline of the annual FRA conference, Omran explained that the value of securities issuances (stocks, bonds and sukuk) rose to EGP 280.3 billion during 2021

Global sukuk up by 36.1% yoy, hits $252.3B in 2021

Egypt is getting ready to launch its first issuance of Islamic sukuk during Q4 of the current fiscal year

Finance Ministry denies reports of sukuk to be used to mortgage assets

The sukuk aims to attract new Egyptian and foreign investors to invest in accordance with the principles of Islamic Sharia in Egyptian pounds, US dollars and other currencies