Tag: Islamic banking

4 banks acquire 90% of Islamic banking in Egyptian market

Faisal Islamic Bank of Egypt ranked first with EGP 119bn turnover in…

Daily News Egypt Daily News Egypt

Islamic banking valued at EGP 240bn at end-2017

The volume of Islamic banking in Egypt by the end of 2017…

Daily News Egypt Daily News Egypt

Islamic banking in Egypt worth EGP 222bn

The volume of Islamic banking in the Egyptian market reached EGP 222bn,…

Daily News Egypt Daily News Egypt

Islamic banking sound option for enterprises facing economic slump

There are mounting concerns currently being voiced by prominent organisations, such as…

Nidal Abou Zaki Nidal Abou Zaki

Banque Misr’s Islamic banking branches increase to 35

The bank supplied this branch with all modern equipment to guarantee an…

Daily News Egypt Daily News Egypt

20% of Egyptian SMEs prefer Sharia-compliant products: IMF

IMF recommends Islamic banks attract large numbers of Muslim population worldwide currently…

Shaimaa Al-Aees Shaimaa Al-Aees

Bank Audi aims to increase SMEs’ funding portfolio to EGP 400m by end 2015

Individual funding portfolio in Audi Bank in Egypt has reached EGP 2.4bn…

Daily News Egypt Daily News Egypt

Islamic banking takes upward trend in Egypt

Approximately 2.5 million Islamic banking clients in Egypt, constitute 20% of country’s…

Shaimaa Al-Aees Shaimaa Al-Aees

Islamic finance body IIFM eyes first sukuk standard

Reuters - The Bahrain-based International Islamic Financial Market (IIFM) will develop its…

Daily News Egypt Daily News Egypt

IDB allocates $220m for Egyptian power project

Allocation comes as part of nearly $705m approved by the bank to…

Doaa Farid Doaa Farid