Islamic Finance

Sukuk issuance in Egypt expected to reach EGP 7.5bn ($476.4 m) during 2021


Published 12 Oct,2021 via Daily News Egypt - Egypt will witness sukuk issuances worth over EGP 5bn before the end of this year, bringing the total expected outstanding of Islamic bonds to more than EGP 7.5bn ($476.4 m) in 2021, Sayed Abdel Fadeel, head of Central Department for Corporate Finance at Egypt’s Financial Regulatory Authority (FRA) told Daily News Egypt on Monday.

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Daily News Egypt