Egypt has launched a new sovereign sukuk issuance of 5 billion Egyptian pounds ($105 million), as the country begins to ease its monetary policy. The operation is part of its Islamic financing program. According to data from the Central Bank of Egypt, the auction of these local currency-denominated securities, with a maturity of three years,...
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Egypt relaunches its sukuk with a $105 million issuance
Amadjiguéne Ndoye
Economic journalist with a Master’s degree in Communication and Journalism from the Higher Institute of Information and Communication Sciences in Dakar (ISSIC). Avid reader and music enthusiast. Feminist at heart and passionate about fashion.
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