26.08.2011 - Egypt rekindles interest in Islamic banking
Egypt has rekindled interest in the growing sector of Islamic banking and finance in an attempt to rebuild the economy of the country using internal methods of financing. Part of the country's efforts will be to launch a sovereign Sukuk, or bond, program within months. It would be Egypt's first sovereign Sukuk, ahead of country states including Saudi Arabia, Kuwait, the United Arab Emirates, Turkey and Jordan as well as mature markets such as Great Britain and France..............................................Full Article: Source
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