Islamic Finance
Regulation, Risk & Compliance
Uncategorized
Egypt to issue first corporate sukuk within weeks – official
Egypt will issue its first corporate sukuk, or Islamic bonds, within weeks, a Financial Regulatory Authority official said on Tuesday. CIAF Leasing, an aircraft leasing company, will issue sukuk worth $50 million, the first in Egypt to do so, Sayed Abdel Fadil, an FRA departmental head, told Reuters. A second…
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Click here to read the full story: Reuters