Local reports suggest Egypt to launch first Islamic debt guidelines and amend capital market law to attract GCC investors.
“The Board of Directors for the Egyptian Financial Supervisory Authority (EFSA) has issued today its initial approval of the amendment proposal to the Capital Market Law No. 95 of 1992 that involves issuance and organising Islamic Bonds [Sukuk],” a statement published on the EFSA website said……………………………………..Full Article: Source