Islamic Finance
Egypt is set to raise $1.5 billion through a dual-tranche sukuk issuance scheduled for Tuesday, October 7, 2025, according to a statement from the Ministry of Finance.
This growth reflects a surge across all key components of the sector, including Islamic banks' assets, sukuk issuances, and other Sharia-compliant financial products.
A start-up company is issuing a gold-backed cryptocurrency, part of efforts to convince Muslims that investing in cryptocurrencies complies with their faith.
Moody’s attributed in a report its expectations to the rise of the demand for Shari'ah-compliant financial instruments.
