11.05.2012 - Crisis looms between Egypt’s central bank, parliament over Islamic banking
The Egyptian central bank’s refusal to issue a license for the establishment of new Islamic banks could incite a crisis between Egypt’s top monetary authority and the pre-dominantly Islamist parliament. The Egyptian parliament, mostly consisting of members from the Freedom and Justice Party, the political wing of the Muslim Brotherhood, and the Salafi al-Nour party, objected to the Central Bank’s decision on Thursday...............................................Full Article: Source
Print