Bankers Differ On Exempting Sukuk From Taxes
Banking experts have differed on article no.23 of sukuk bill currently discussed at the Shura Council (upper house…
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Sukuk
Egypt’s Central Bank, Islamic Finance Association Welcome Sukuk Bill
The Central Bank of Egypt (CBE) and the Egyptian Islamic Finance Association (EIFA) have welcomed the sukuk bill,…
Shura Council Invites Political Parties To Discuss Sukuk Bill Tomorrow
The Shura Council's Financial and Economic Affairs Committee will host the presidents of political parties and…
Al-Azhar’s Commerce Faculty Vice Dean Expects Return On Sukuk To Reach 30%
The return on sukuk reached 18% in Sudan and many studies reveal that return on sukuk in Egypt may reach 25-30% and…
Ali Gomaa Affirms Sukuk Good Financing Instrument If Not Endangering State’s Assets
Ali Gomaa, former Grand Mufti of Egypt and member of Al-Azhar's Senior Scholars Council, said Islamic jurisprudence…
Sukuk Between Theory & Practice Conference Kicks Off
“Sukuk between Theory and Practice” conference, organized by United Bank, is launched on Monday. The conference is…
Egypt Govt Approves Law Allowing Islamic Bond Issues
The Egyptian government approved a draft law on Wednesday that will allow the state and private borrowers to issue…
Al Nour Party Suggests Five Alternatives To Foreign Borrowing
A member of Al Nour Party said the foreign loans that that Egyptian government seeks to secure will impose great…
Sukuk Will Finance Qattara Depression Project With US$ 110 Mln Through Sukuk
Khaled Ouda, geologist and member of Shura Council (upper house of parliament), stated that Egypt seeks to finance…
Shura Council Discusses Draft Sukuk Bill Without Waiting For Cabinet’s Approval
The Shura Council’s Finance and Economic Affairs Committee has decided to adopt the sukuk bill drafted by the…
