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

Egypt’s FJP considers rules to allow sukuk

Posted on 28 September 2012

Egypt’s Freedom and Justice Party is consulting with other political parties and the financial industry about the possibility of introducing rules allowing the issue of sukuk (Islamic bonds), a party official said Reuters reported
“We started weeks ago to discuss details of how to permit the issuance of sukuk, instead of submitting a full bill that would need to be approved by parliament,” Ahmed al-Najjar told Reuters on Tuesday………………………………………..Full Article: Source

 
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