Islamic finance has existed in Egypt for a long time, Hassan stressed, furthering that many banks are based on interest-free banking such as the Faisal Islamic Bank of Egypt and Albaraka bank
recommends Sukuk bonds for infrastructure needs
Legislation gaps are really challenging African countries' intent to effectively issue the sukuk, an Islamic bond, which could help fund the continent's huge infrastructure needs, Standard & Poor’s credit rating agency said on Thursday, in a new
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Onyinye Nwachukwu, Abuja
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