sukuk
Egypt government offers ‘Odheya Sukuk’ for expats
Egypt
June 3, 2024
Egypt government offers ‘Odheya Sukuk’ for expats
The Ministry for Immigration and Affairs of Egyptians Abroad announced the provision of “Odheya Sukuk” Eid sacrificial instruments to Egyptian…
Egypt hires banks for its debut sale of bonds denominated in US dollars
Economy
February 17, 2023
Egypt hires banks for its debut sale of bonds denominated in US dollars
Egypt has selected banks for its debut sale of Islamic bonds denominated in US dollars, a document showed, on Friday.…
Egypt signs facilities worth $2 bln to finance green projects
Business
October 8, 2021
Egypt signs facilities worth $2 bln to finance green projects
Egypt signed facilities worth two billion dollars to meet financial needs for various environmentally friendly projects. The financing facilities were…
Dubai Islamic Bank plans dollar senior sukuk – sources
Middle East
August 31, 2021
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
December 6, 2019
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)…
Egypt racing time to bridge budget gap with Islamic bonds: Finance Ministry
Business
February 28, 2016
Egypt racing time to bridge budget gap with Islamic bonds: Finance Ministry
The Ministry of Finance is working on amendments to laws regulating the issuance of Islamic bonds (sukuk) as a means…
Al-Azhar approves sukuk law
Egypt
April 11, 2013
Al-Azhar approves sukuk law
Al-Azhar on Thursday approved a law that would allow the country, which is struggling with a soaring budget deficit, to…
Al-Azhar unsure about sukuk bill
Egypt
April 8, 2013
Al-Azhar unsure about sukuk bill
Al-Azhar’s Senior Scholars Authority held an emergency meeting on Monday to discuss the Shura Council’s bill on sukuk (Islamic bonds),…
Shafiq considering running for president, again
Egypt
April 8, 2013
Shafiq considering running for president, again
Mubarak-era Prime Minister Ahmed Shafiq said he would return to Egypt within a few weeks, and is considering an alliance…
Sukuk law in state of flux until Al-Azhar review
Business
April 4, 2013
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…