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  • sovereign sukuk

There is growing demand for Islamic bonds in Algeria so the government has approved the first national sukuk issuance for 2025. Shutterstock

Algeria embraces sovereign sukuk financing in 2025

The move toward sharia-compliant sovereign financing is designed to ease liquidity and draw cash back into the formal banking system. If it works, Algeria could become a major player in the industry

Rabia Abdul Salam 01 January 2025
Egypt's Minister of Finance Mohamed Maait at the 2019 Russia-Africa Summit and Economic Forum, at the Sirius Park of Science and Art. (Getty)

For the First Time — Egypt Debuts Islamic Finance Market

As the Egyptian parliament has approved a sovereign sukuk law this month, Egypt is now officially entering the Islamic finance market for the first time, with the volume of sukuk issuances reaching …

Menna A. Farouk 18 June 2021
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  • Editor's Pick
Sara Padovan
Business & Economy

Blockading the blockade: Trump tightens his chokehold on Iran

30 April 2026

Al Majalla examines Trump's Hormuz chess move and questions whether it is sustainable amid Tehran's proven ability to withstand US pressure tactics

Al Majalla - London
Axel Rangel Garcia
Politics

Why a cornered Iran is also a problem for China

02 May 2026

Even when appeals to open the Hormuz Strait come from a close ally like Beijing, they fall on deaf ears in Tehran. But hope is not yet lost.

Xiaotong Yang
Sara Padovan
Business & Economy

Global airfares soar amid ongoing US-Iran turmoil

04 May 2026

Airspace closures, rising fuel costs, shifting flight maps and delayed aircraft deliveries have repriced flights around the world, with some travel routes hit worse than others

Abdel-Rahman Ayas
A man holds a flag featuring the late leader of the Islamic Revolution Ayatollah Ruhollah Khomeini, the late Supreme Leader of Iran Ali Khamenei and the new leader, Mojtaba Khamenei, at a rally in Tehran on 29 April 2026. Majid Asgaripour / Reuters
Politics

Real Iran splits and the myth of division

04 May 2026

The argument is over the price and presentation, not the basic instinct to preserve the system

Alex Vatanka
Axel Rangel Garcia
Politics

Orbán defeat: a setback for populists; a boost for Brussels

30 April 2026

After 16 years, there is finally a political transition in Budapest. This is an annoyance in Moscow and Washington, a relief in Brussels, and a warning to Europe's populists.

Khattar Abu Diab

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