SHARIA BANKING
EGYPT

EGYPT SHARIA BANKING EGYPT ISLAMIC BANKING FINANCE


EGYPT ISLAMIC BANK MURABAHA MUDARABA

In Egypt, sharia-compliant banking currently accounts for a marginal share of the Egyptian financial sector. Recent estimates expect that Islamic financial assets in Egypt could reach more soon.

Egypt is preparing the legal framework for Islamic finance products such as the issuance of Islamic bonds (Sukuk) and in order to help financing Egypt's SME it will promote Sukuk, Takaful (Islamic insurance) and halal microcredit.

Currently, Egypt has a number of fully operational Islamic banks which serve retail and islamic corporate banking offering halal financing products such as Ijara, Ijara-wa-iqtina, Mudaraba, Murabaha and Musharaka.


EGYPT ONLINE SHARIA BANK