{"id":565901,"date":"2021-05-11T12:43:43","date_gmt":"2021-05-11T12:43:43","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/11\/bring-on-the-post-covid-sukuk\/"},"modified":"2021-05-11T12:43:43","modified_gmt":"2021-05-11T12:43:43","slug":"bring-on-the-post-covid-sukuk","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/11\/bring-on-the-post-covid-sukuk\/","title":{"rendered":"Bring on the post-covid sukuk"},"content":{"rendered":"

Sukuk could become the go-to debt instrument for some African countries looking to <\/strong>raise financing to support their post-covid economic recovery<\/strong>, Faizal Bhana, the director for the Middle East, Africa and India at Jersey Finance told Bloomberg<\/a>. Bhana expects African countries to \u201cstruggle\u201d to raise the funding they need as they emerge from the grips of the pandemic, and that the sharia-compliant bonds could offer a viable path to tapping international debt markets.<\/p>\n

But Enterprise, what are sukuk?<\/strong> We\u2019ve got you covered with our explainer<\/a> on the debt instrument.<\/p>\n

Why sukuk?<\/strong> \u201cThe convenience brought about by technology and similarities in some features of Shariah-compliant products and environmental, social and governance principles is expected to boost uptake of Islamic-finance products,\u201d says Bhana. The expectation that governments across Africa will rely on the bonds this year comes despite Islamic finance as a whole being \u201crelatively underdeveloped\u201d in the continent, the business information service notes.<\/p>\n

Countries with sovereign sukuk in the pipeline:<\/strong> We already know to expect sovereign sukuk issuances from South Africa<\/strong> before next February and Nigeria<\/strong> before the end of the calendar year. Abuja \u2014 whose sukuk issuance will be used to finance<\/a> an important infrastructure project \u2014 has already issued three sovereign sukuk, while South Africa made its sovereign sukuk debut in 2014. Kenya<\/strong>, meanwhile, has the regulatory framework in place for its Islamic finance industry, but has not announced concrete plans for a sovereign sukuk sale.<\/p>\n

Where does Egypt stand on its sovereign sukuk?<\/strong> The Sovereign Sukuk Act, which sets the framework by which Egypt will issue sovereign sukuk, is pending final sign-off<\/a> from the House of Representatives. It will then be signed into law by President Abdel Fattah El Sisi and its executive regulations should be issued within three months of its ratification. The government plans to roll out the sharia-compliant bonds, both in EGP and foreign currency, as soon as the bill is ratified<\/a>.<\/p>\n

Corporate sukuk have already made their debut in Egypt<\/strong>, after Talaat Moustafa Group subsidiary the Arab Company for Projects and Urban Development, Sarwa Capital (now Contact Financial), and CIRA held a EGP 5.1 bn issuance<\/a> at the tail-end of last year.<\/p>\n","protected":false},"excerpt":{"rendered":"

Sukuk could become the go-to debt instrument for some African countries looking to raise financing to support their post-covid economic recovery, Faizal Bhana, the director for the Middle East, Africa and India at Jersey Finance told Bloomberg. Bhana expects African countries to \u201cstruggle\u201d to raise the funding they need as they emerge from the grips […]<\/p>\n","protected":false},"author":1,"featured_media":565902,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9272],"tags":[7106,115,633,2337,280,1510],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-565901","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-macro-picture","tag-debt","tag-emerging-markets","tag-enterprisepm","tag-islamic-finance","tag-sukuk","tag-the-macro-picture","wpautop","entry"],"acf":{"mongo_id":"a19ad59a-0e25-445f-8390-8f34777d74e3","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/5\/359.jpg","photo_position":"above","related_issue":[565887],"teaser":"","voice_url":""},"yoast_head":"\nBring on the post-covid sukuk - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/11\/bring-on-the-post-covid-sukuk\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bring on the post-covid sukuk\" \/>\n<meta property=\"og:description\" content=\"Sukuk could become the go-to debt instrument for some African countries looking to raise financing to support their post-covid economic recovery, Faizal Bhana, the director for the Middle East, Africa and India at Jersey Finance told Bloomberg. Bhana expects African countries to \u201cstruggle\u201d to raise the funding they need as they emerge from the grips […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/11\/bring-on-the-post-covid-sukuk\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-11T12:43:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/359.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/11\/bring-on-the-post-covid-sukuk\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/11\/bring-on-the-post-covid-sukuk\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Bring on the post-covid sukuk\",\"datePublished\":\"2021-05-11T12:43:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/11\/bring-on-the-post-covid-sukuk\/\"},\"wordCount\":360,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/11\/bring-on-the-post-covid-sukuk\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/359.jpg?fit=%2C&ssl=1\",\"keywords\":[\"debt\",\"emerging markets\",\"EnterprisePM\",\"Islamic finance\",\"sukuk\",\"THE MACRO PICTURE\"],\"articleSection\":[\"THE MACRO PICTURE\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/11\/bring-on-the-post-covid-sukuk\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/11\/bring-on-the-post-covid-sukuk\/\",\"name\":\"Bring on the post-covid sukuk - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/11\/bring-on-the-post-covid-sukuk\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/11\/bring-on-the-post-covid-sukuk\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/359.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2021-05-11T12:43:43+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/11\/bring-on-the-post-covid-sukuk\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/11\/bring-on-the-post-covid-sukuk\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/11\/bring-on-the-post-covid-sukuk\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/359.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/359.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/11\/bring-on-the-post-covid-sukuk\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bring on the post-covid sukuk\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Bring on the post-covid sukuk - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/11\/bring-on-the-post-covid-sukuk\/","og_locale":"en_US","og_type":"article","og_title":"Bring on the post-covid sukuk","og_description":"Sukuk could become the go-to debt instrument for some African countries looking to raise financing to support their post-covid economic recovery, Faizal Bhana, the director for the Middle East, Africa and India at Jersey Finance told Bloomberg. Bhana expects African countries to \u201cstruggle\u201d to raise the funding they need as they emerge from the grips […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/11\/bring-on-the-post-covid-sukuk\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2021-05-11T12:43:43+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/359.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/11\/bring-on-the-post-covid-sukuk\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/11\/bring-on-the-post-covid-sukuk\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Bring on the post-covid sukuk","datePublished":"2021-05-11T12:43:43+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/11\/bring-on-the-post-covid-sukuk\/"},"wordCount":360,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/11\/bring-on-the-post-covid-sukuk\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/359.jpg?fit=%2C&ssl=1","keywords":["debt","emerging markets","EnterprisePM","Islamic finance","sukuk","THE MACRO PICTURE"],"articleSection":["THE MACRO PICTURE"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/11\/bring-on-the-post-covid-sukuk\/","url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/11\/bring-on-the-post-covid-sukuk\/","name":"Bring on the post-covid sukuk - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/11\/bring-on-the-post-covid-sukuk\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/11\/bring-on-the-post-covid-sukuk\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/359.jpg?fit=%2C&ssl=1","datePublished":"2021-05-11T12:43:43+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/11\/bring-on-the-post-covid-sukuk\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2021\/05\/11\/bring-on-the-post-covid-sukuk\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/11\/bring-on-the-post-covid-sukuk\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/359.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/359.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/11\/bring-on-the-post-covid-sukuk\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Bring on the post-covid sukuk"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/359.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/359.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/359.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":567825,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/08\/enterprise-explains-sukuk\/","url_meta":{"origin":565901,"position":0},"title":"Enterprise Explains: Sukuk","author":"enterpriseam admin","date":"8 December 2020","format":false,"excerpt":"Enterprise Explains: Sukuk. Consumer- and structured-finance player Sarwa Capital recently closed Egypt\u2019s second corporate sukuk issuance since the debt instrument was introduced to the country. The EGP 2.5 bn sale also set a record for the largest yet in the young segment, surpassing Talaat Moustafa Group\u2019s EGP 2 bn offering\u2026","rel":"","context":"In "Enterprise explains"","block_context":{"text":"Enterprise explains","link":"https:\/\/enterpriseam.com\/egypt\/category\/explainers\/enterprise-explains\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/12\/158.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":543785,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/17\/phds-board-approves-egp-3-25-bn-sukuk-sale\/","url_meta":{"origin":565901,"position":1},"title":"PHD\u2019s board approves EGP 3.25 bn sukuk sale","author":"enterpriseam admin","date":"17 February 2022","format":false,"excerpt":"Palm Hills Developments (PHD) is taking a EGP 3.25 bn sukuk issuance to market after its board of directors signed off on the sale, according to a company disclosure (pdf). The sale, which will be managed by Contact Financial Holdings\u2019 sukuk arm, will finance the real estate developer\u2019s Badya project.PHD\u2026","rel":"","context":"In "DEBT WATCH"","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/2\/249.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":544663,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/15\/palm-hills-approves-egp-3-25-bn-sukuk-sale-ue-finance-closes-upper-egypts-first-ever-securitization\/","url_meta":{"origin":565901,"position":2},"title":"Palm Hills approves EGP 3.25 bn sukuk sale + UE Finance closes Upper Egypt\u2019s first-ever securitization","author":"enterpriseam admin","date":"15 March 2022","format":false,"excerpt":"Palm Hills Developments\u2019 general assembly approves EGP 3.25 bn sukuk issuance: Shareholders voting at the company\u2019s ordinary general assembly approved the issuance of shariah-compliant bonds worth EGP 3.25 bn at a meeting on Sunday, after its board of directors greenlit the sale in February, according to a disclosure to the\u2026","rel":"","context":"In "DEBT WATCH"","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":569373,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/23\/egypt-inches-closer-to-maiden-sukuk-issuance-as-finmin-completes-sukuk-act\/","url_meta":{"origin":565901,"position":3},"title":"Egypt inches closer to maiden sukuk issuance as FinMin completes Sukuk Act","author":"enterpriseam admin","date":"23 February 2020","format":false,"excerpt":"LEGISLATION WATCH- Egypt inches closer to maiden sukuk issuance as FinMin completes Sukuk Act: The Finance Ministry has completed the drafting of the Sovereign Sukuk Act and passed it to cabinet for review, an official draft suggests (pdf). Cabinet will, after approving the legislation, send it to the House of\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":555938,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/04\/egypts-maiden-sovereign-sukuk-could-be-in-the-usd-500-mn-range\/","url_meta":{"origin":565901,"position":4},"title":"Egypt\u2019s maiden sovereign sukuk could be in the USD 500 mn range","author":"enterpriseam admin","date":"4 October 2021","format":false,"excerpt":"Egypt\u2019s maiden sovereign sukuk offering could be in the range of USD 500 mn, Finance Minister Mohamed Maait told Al Mal. The paper quotes Maait as suggesting that the issuance would not be large and would be \u201csimilar in size\u201d to Egypt\u2019s first sovereign green bond issuance of USD 500\u2026","rel":"","context":"In "DEBT WATCH"","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/10\/42.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":542629,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/09\/get-ready-for-sovereign-sukuk-act-exec-regs\/","url_meta":{"origin":565901,"position":5},"title":"Get ready for Sovereign Sukuk Act exec regs","author":"enterpriseam admin","date":"9 January 2022","format":false,"excerpt":"Sovereign Sukuk Act exec regs about to drop? The government is looking to finalize the executive regulations of the Sovereign Sukuk Act by the end of the month, setting the stage for the country\u2019s c.USD 2 bn maiden issuance before the end of the fiscal year in June, Mohamed Hegazy,\u2026","rel":"","context":"In "DEBT WATCH"","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/91.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/565901","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=565901"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/565901\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/565887"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/565902"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=565901"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=565901"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=565901"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=565901"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=565901"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}