Tag: Sukuk

Sarwa Capital announces closing of its EGP 2.5bn inaugural Sukuk issuance

The proceeds will be used for further expansion of Contact Credit and…

Daily News Egypt

CIRA to offer EGP 600m Sukuk in December, with Hermes acting as issuance manager

The sources said that the company is currently completing the offering documents…

Alyaa Stohy

FRA expected to approve Sarwa Capital’s sukuk issuance

FRA’s Sharia Supervisory Committee approves sukuk’s compliance with Islamic Sharia last Thursday

Alyaa Stohy

FRA checks compliance of Sarwa’s new sukuk issuance with Sharia

Issuance to comprise 25m sukuk at nominal price of EGP 100 per…

Alyaa Stohy

Sarwa Capital to issue EGP 2.5m worth Sukuk of Contact Finance within 2 weeks

Sarwa Capital had signed a cooperation agreement with Banque Misr and the…

Daily News Egypt

Sarwa Capital, Amer Group to conduct their sukuk offerings before 2020 end

Amer Group has decided to hold off announcing the value due to…

Alyaa Stohy

FRA finalises Sukuk regulations’ amendments, paving the way for promising investment

several companies want to issue sukuk in 2020, including real estate investment,…

Alyaa Stohy

TMG Sukuk records 2.5 bid-to-cover ratio: EFG Hermes

FRA earlier approves first Sukuk offering worth EGP 2bn

Alyaa Stohy

TMG’s awaited Sukuk expected to help buoy market rebound

The issuance is reportedly to have a positive impact in three ways,…

Daily News Egypt

TMG to launch EGP 2bn sukuk next week

TMG is targeting sales in the fiscal year (FY) 2019/20 similar to…

Alyaa Stohy