Sat, Dec 20, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Bonds (Sukuk), Compliance, Tax, Legal, Regulatory, New Launches more

Qandil says Egypt to sell Sukuk after new law is approved

Posted on 10 September 2012

Prime Minister Hisham Qandil said Egypt plans to sell sukuk, or Islamic bonds, after new legislation on the debt instrument is passed within three months, a step aimed at meeting the budget deficit.
“This is something we want to do to enlarge the engagement” of investors who “want to use this tool but are currently unable to,” Qandil said. After the legislation is prepared, “I hope they will be ready with one or two issuances,” he said, referring to the Finance Ministry………………………………………..Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
M T W T F S S
« May    
1234567
891011121314
15161718192021
22232425262728
293031