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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Market Moves more

Egypt Islamic bonds could attract $15 bln annually

Posted on 02 May 2013

Sovereign Islamic bonds, or sukuk, could attract $15 billion in investments to Egypt annually from domestic and foreign investors, according to statements made by an advisor to the finance minister to the state-run MENA news agency.
Ahmed El-Naggar, who manages affairs related to Islamic bonds at the finance ministry, expects the government issue of Sharia compliant debt instruments to spur Egypt’s economic growth and employment figures………………………………………..Full Article: Source

 
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