Egypt’s parliament approved on April 15 a draft law to allow the seizure and assessment of funds of terrorist groups. On April 21, President Abdel Fattah al-Sisi signed it as Law No. 22 of 2018.
The new legislation is part of government efforts to crack down on terrorism and make economic use of the funds of the Muslim Brotherhood, designated a terrorist group by the Egyptian government in 2013. The law applies to all designated terrorist groups, but it is mainly aimed at the Muslim Brotherhood and active business interests in Egypt.
