Egypt legislative is preparing a new law for issuance of Islamic Bonds hailed as an important financial instrument that should attract investment funds to take Egypt well out of its long-standing economic crisis.
Hussein Ibrahim, Freedom and Justice Party (FJP) Secretary-General, said “The Islamic Bonds law – being prepared in cooperation with the Nour Party, Watan Party and many other political parties and economic authorities – is the real beginning of serious attempts to attract huge investments that should contribute to the establishment of a genuine renaissance, as a good alternative to loans………………………………….Full Article: Source