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Egypt holds nearly half of Africa’s $7bn sukuk market, Fitch says

Egypt accounts for 48 percent of Africa’s outstanding sukuk, making it the continent’s largest market, as regulatory reforms and closer economic ties with the Gulf Cooperation Council support growth, according to Fitch Ratings. In its latest report, the credit rating agency said African sukuk crossed $7 billion outstanding in August,…

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Click here to read the full story: Arab News

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