Sukuk changes Egypt’s financing methods, expected to surpass EGP 20bn in 2021
Published 31 Jan,2021 via Daily News Egypt - Sayed Abdel-Fadil, Head of the Capital Market Operations Sector at the Financial Regulatory Authority (FRA), has reviewed the developments of Egypt’s Sukuk market during 2020, which witnessed three issuances worth EGP 5.1bn.
There are great hopes and ambitions that the growth of the issuance market will continue amidst the support of all parties operating in Sukuk.
The remarks came during the activities of the round table, last Wednesday, which reviewed the competitive advantages of Sukuk over other financing instruments. The roundtable was organised by the Association of Issuers and Investors of Financial Instruments in cooperation with Media Avenue.
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Daily News Egypt