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

Egypt: Sukuk bill referred to Shura council

Posted on 05 March 2013

Finance Minister al-Morsi Hegazi said the Sukuk bill was referred on Sunday 3/3/2013 to the Shura Council for discussion, noting that the bill has been probed by the Cabinet’s the legislative and economic committee where a detailed memo was drafted on the draft law.
He asserted that the bill entails all guarantees that safeguard the state’s rights and the Sukuk holders. The Minister’s statements came during the press conference he held for expounding the importance of Sukuk for the Egyptian economy during the current stage………………………………………..Full Article: Source

 
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