islamic bonds

Shura Council prepares new Islamic bonds law
Egypt

Shura Council prepares new Islamic bonds law

The Shura Council Economic Committee proposed a draft law for Islamic bonds, or sukuk, Mohamed al-Fiqqi, chairman of the committee…
Thursday’s papers: Legislating on the brink and ‘lies of the Brotherhood’
Egypt

Thursday’s papers: Legislating on the brink and ‘lies of the Brotherhood’

Shura Council efforts to address the country's economic and political troubles with its newly assumed legislative powers are the focus…
Shura Council rejects Islamic bonds
Egypt

Shura Council rejects Islamic bonds

The Shura Council’s financial and economic affairs committee has endorsed the Islamic Research Academy’s rejection of the Finance Ministry's proposal…
FJP slams central bank for dollar rise
Egypt

FJP slams central bank for dollar rise

The Freedom and Justice Party’s economic committee head Abdallah Shehata is blaming the Central Bank for the dollar's rise against…
Al-Azhar: Ministry-proposed bonds at odds with Sharia
Business

Al-Azhar: Ministry-proposed bonds at odds with Sharia

Members at Al-Azhar's Islamic Research Academy have rejected a Finance Ministry-proposed bill sanctioning the introduction of Islamic financial bonds, saying…
Cabinet approves Islamic bonds law in principle
Business

Cabinet approves Islamic bonds law in principle

The Cabinet during its meeting Wednesday approved in principle a draft law on sovereign Islamic bonds and decided it would…
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