15.01.2013 - Islamic bonds law to be approved in days, says finance minister
The draft law on sukuk (Islamic bonds) will likely be approved by all the necessary institutions, including the Finance Ministry, the Investment Ministry and Al-Azhar, newly appointed Finance Minister Al-Morsy Hegazy said. “The first three chapters of the draft law would be approved in a few days,” Hegazy said. The ministry had prepared an earlier draft law on the issue, which was rejected by the Islamic Research Academy of Al-Azhar. Later, the Shura Council Economic Committee proposed an updated draft law on sukuk...............................................Full Article: Source
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