Sat, Nov 1, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Banking, Emerging Trends more

Political divisions slow Islamic finance in Egypt

Posted on 23 April 2012

AlexBank, one of Egypt’s biggest commercial banks, says it expects to launch Islamic financial services next April. But the country’s political divisions mean the regulatory environment in which the bank will operate is not clear.
Last year’s ouster of president Hosni Mubarak, whose regime neglected or discouraged Islamic finance for ideological reasons, has cleared the way for rapid growth of Islamic finance in Egypt, bankers believe………………………………………..Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
November 2014
M T W T F S S
« May    
 12
3456789
10111213141516
17181920212223
24252627282930