Islamic Finance

Egypt’s Financial Regulator expects 3 sukuk offerings in Q4 2021: Sources


Published 16 Jun,2021 via Daily News Egypt - Despite various capital market authorities in Egypt expecting a momentum in sukuk offerings during 2021, there have been no such offerings made yet this year.

It was expected that the total value of the sukuk offered during the year would exceed $20bn, according to officials from sukuk companies.

Moreover, Egypt’s Financial Regulatory Authority (FRA) has no sukuk offerings on the table. So will companies be able to reach the target volume of sukuk by the second half (H2) of the year?

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Daily News Egypt