Last Updated: Wed Jan 25, 2012 13:07 pm (KSA) 10:07 am (GMT)

From Al Masry Al Youm: Islamists look to shake up Egypt stock exchange

Photographed by other
Photographed by other

Last month, Mahmoud Abbas, a member of the Salafi-led Nour Party, addressed newly elected members of Egypt's lower house of parliament and journalists in a conference at the Egyptian stock exchange, in an effort to reassure investors that markets will be safe under an Islamist-dominated parliament.

“I am an investor in the Egyptian exchange since 1996,” said Abbas, whose party has garnered about a quarter of the seats in the People's Assembly.

But as he spoke, it also became clear that the stock market might be seeing some changes in Egypt’s more Islamic-oriented political environment, such as an Islamic index on the country’s stock exchange


For more, please see this: http://www.almasryalyoum.com/en/node/609331

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