islamic bonds

Dubai Islamic Bank plans dollar senior sukuk – sources
Middle East

Dubai Islamic Bank plans dollar senior sukuk – sources

DUBAI, Aug 31 (Reuters) – Dubai Islamic Bank, the United Arab Emirates’ largest Islamic lender, is planning to soon sell…
Egypt to issue first corporate sukuk within weeks: official
Business

Egypt to issue first corporate sukuk within weeks: official

CAIRO (Reuters) — Egypt will issue its first corporate sukuk, or Islamic bonds, within weeks, a Financial Regulatory Authority (FRA)…
FJP leader criticizes Salafi Nour Party over sukuk draft law
Egypt

FJP leader criticizes Salafi Nour Party over sukuk draft law

Sobhi Saleh, a leading Freedom and Justice Party figure, harshly criticized the Salafi Nour Party over its stance against a…
Sukuk law in state of flux until Al-Azhar review
Business

Sukuk law in state of flux until Al-Azhar review

The Shura Council approved in late March a law allowing the issuance of sukuk, or Islamic bonds, which the heavily…
Al-Azhar to discuss sukuk law
Egypt

Al-Azhar to discuss sukuk law

Al-Azhar’s Council of Senior Scholars will meet next week to discuss the draft law on Islamic sukuk bonds, according to…
Shura Council approves Islamic bond law
Business

Shura Council approves Islamic bond law

Parliament approved a law Tuesday allowing the issuance of Islamic bonds, slated to provide the heavily-indebted government with a new…
Cabinet approves draft Islamic bonds law
Business

Cabinet approves draft Islamic bonds law

The Cabinet approved a draft law governing the issuance of Islamic bonds, known as sukuk, on Wednesday. The proposed regulatory…
Finance Minister: Islamic bonds law to be presented to Cabinet
Business

Finance Minister: Islamic bonds law to be presented to Cabinet

The controversial Islamic bonds (sukuk) draft law is expected to be presented to a Cabinet meeting Wednesday after the body's…
Financial adviser: Multinational banks offer support for Islamic bonds
Business

Financial adviser: Multinational banks offer support for Islamic bonds

Multinational banks such as Citibank, Credit Agricole and the Islamic Development Bank expressed willingness to provide support to Egypt in…
Cabinet approves Islamic bonds draft law
Business

Cabinet approves Islamic bonds draft law

The Cabinet approved a draft law on Islamic bonds after it was approved by other institutions, Finance Minister Morsy Hegazy…
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