Money on the loose

The Cairo authorities are becoming seriously worried about the growing financial clout of Egypt's Islamic investment firms. Offering fabulous rates on return to shareholders, they are taking business from the banks but no-one is too sure just what they are doing with the money. The author looks...

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Bibliographic Details
Published in:The Middle East
Main Author: Bedding, James (Author)
Format: Print Article
Language:English
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Published: International Communications Inc. 1988
In: The Middle East
Further subjects:B Islam
B Mutual funds
B Egypt
B Enterprise
B Credit system
B Finances
B Egypt Investment Islam Wirtschaftsunternehmen Kreditwirtschaft Öffentliche Finanzwirtschaft Investmentunternehmen
B Investment
Description
Summary:The Cairo authorities are becoming seriously worried about the growing financial clout of Egypt's Islamic investment firms. Offering fabulous rates on return to shareholders, they are taking business from the banks but no-one is too sure just what they are doing with the money. The author looks at the practices of the Islamic investment companies. (DÜI-Asd)
ISSN:0305-0734
Contains:In: The Middle East