Sarwa Capital wins Egypt Islamic securitisation licence

By Amwal Al Ghad English On Jul 15, 2019

Mohamed Omran, chairman of the Egyptian Financial Regulatory Authority (FRA)

Egypt’s financial regulator has given Islamic securitisation licence to newly-established unit of Sarwa Capital, the company announced on Monday.

Sarwa Capital, key provider of consumer and structured finance solutions in Egypt, is the first company to receive an Islamic securitisation licence, which authorises the company to conduct shariah-compliant securitisation operations.

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