Cairo’s financial supervisory authority has approved a proposal for issuing Islamic bonds in a bid to attract further Arab investment.

As the Muslim Brotherhood becomes more prominent in Egypt in the wake of the overthrow of the Mubarak regime, Egypt has changed its laws in such a way as to assure that Shariah-Compliant Finance becomes dominant…

http://english.ahram.org.eg/NewsContent/3/12/13775/Business/Economy/Egypt-introduces-new-sukuk-law-to-attract-Gulf-inv.aspx

 

 

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