Egypt's highest administrative court dissolved Saturday the political party of the banned Muslim Brotherhood and ordered its assets liquidated, in the latest move against the 86-year old Islamist group.

The decision against the Freedom and Justice Party comes ahead of parliamentary elections expected this year and prevents the group from trying to rejoin politics a year after leading member, President Mohammed Morsi, was overthrown by the military.

The party was founded in 2011 by the Brotherhood, Egypt's historic Islamist movement created in 1928, after President Hosni Mubarak was deposed in a popular uprising and it went on to dominate subsequent legislative elections.

The Middle East News Agency said the decision by the Supreme Administrative Court is final and can't be appealed.

In a statement, the Freedom and Justice Party said the dissolution won't succeed in uprooting the group's ideals.