Fitch: Saudi Arabia’s loan shows fiscal risk, may have structural benefit
Saudi Arabia's move to raise US$10 billion via an international bank loan reflects the pressure on its fiscal…
Browsing Tag
Sukuk
Egypt to issue Sukuk law early 2016
The Egyptian Cabinet is to issue the Sukuk law at the beginning of 2016, Finance Minister Hani Qadri Demian…
Islamic Bonds to be issued in Egypt early FY2015-16 – Minister
The Egyptian government hopes to issue sukuk, or Islamic bonds, at the beginning of the 2015/2016 fiscal year, the…
Egypt signals Sukuk Intent amid preparing Foreign Bond Comeback
The pieces are falling into place for Egypt’s first Islamic bond sale, as Abdel Fattah al-Sisi’s government…
Bank of England May Broaden Islamic Liquidity Tools
The Bank of England is studying ways to increase the number of sharia-compliant assets that Islamic financial…
Egypt Watchdog Allows Investment Funds to Manage Insurers’ Cash
Egypt's financial watchdog will allow insurance and reinsurance companies operating in the country to assign part…
South Africa to Launch its First Islamic Bond
South Africa will launch its first sukuk Islamic bond this year, as it seeks to diversify its debt obligations,…
Egypt’s 2013 in Review: Ten Economic Milestones
2013 was as rich in economic changes for Egypt as it was in political twists and turns. 1- Egypt falls to…
Saudi British Bank Prices 1.5 Bln Riyal Capital-Boosting Sukuk
Saudi British Bank (SABB), an affiliate of HSBC Holdings, has completed a 1.5 billion riyal ($400 million)…
Egyptian Financial Regulator to Retry Sukuk Rules in Early 2014
Egypt's financial regulator will submit new rules to the government in January to facilitate issuance of sukuk, or…
