IslamicFinance.de

Galal Amin - author of Whatever Happened to Egyptians and prominent economist - expressed his doubtful attitude towards the new sukuk introduced by the government of Egypt. At a media roundtable held at the American university in Cairo (AUC) on Wednesday, Amin as well as some other experts in economy diagnosed the Egyptian economy and cast their predictions for the current year. It was said that due to political causes of the economic crisis it is difficult to make predictions. Especially the lack of security, a lack of trust and above all the nature and content of political discourse bringing Egypt far beck were mentioned as key factors.