RSS
Egypt can gain around $10 billion in funds annually from its sukuk Islamic bond market but it will at least three months to push through the necessary regulations, Finance Minister Al-Mursi Al-Sayed Hegazy said on Wednesday.
Egypt has only three months of cover for imports left inforeign currency reserves and in December postponed a deal with the IMF for more funds………………………………………..Full Article: Source
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Islamic Finance Briefing - Categorized | Bonds (Sukuk) more
Regulations for Egypt sukuk law to take 3 months-minister
| Posted on 28 February 2013 |
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