EGYPT: Tasaheel Microfinance Company, a subsidiary of Egyptian fintech company MNT-Halan, plans to issue Sukuk worth EGP6 billion (US$194.01 million) through Commercial International Bank, reported Daily News Egypt. The Sukuk deal is expected to be completed by the beginning of the second quarter of this year.
The deal aims to finance the company’s growth by providing financing solutions.
Categories:
SukukRestricted Access
Login to continue reading (existing subscriber)
Subscribe NOW and get:
- Gain unlimited access through all key operating platforms
- Full access to all listed Islamic funds & fund profiles
- Unlimited access to all Islamic fund managers
- Access to all exclusive articles, reports, podcasts & videos
- Complimentary access to all IFN Investor Forums
