Shariah banking experts have called on the Central Bank of Egypt to tailor its policies regarding Shariah banking services to be more in line with those of Shariah banks themselves.

The call came during the fourth annual conference of the Egyptian Islamic Finance Association, during which the association launched its index of shares compatible with Islamic law, measuring the performance of those shares traded on Egypt’s stock exchange by their compatibility with Shariah standards.

This is just the latest indication that the Muslim Brotherhood regime in Egypt is using the world of finance and economics to creep Shariah into all aspects of Egyptian life…



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