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

Egypt plans sukuk regulations in H2

Posted on 15 April 2010

From Reuters: Egypt plans to issue its first regulations governing sukuk, or Islamic bonds, in the second half of this year, the financial regulator told Reuters on Wednesday.

“There are currently no rules for sukuk, and this is part of a comprehensive programme to expand and deepen the fixed income market,” Ziad Bahaa Eldin, head of the Egyptian Financial Supervisory Authority (EFSA), said in an emailed statement…………………………………Full Article: Source

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