EFG-Hermes Leasing eyes Islamic credit line from Gulf lender
EFG-Hermes Leasing, a wholly owned subsidiary of Egypt-based investment bank EFG-Hermes, is working on securing a…
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Ijara
Banque Du Caire Lends EGP 75 Mln To Finance Leasing Company
Banque Du Caire has approved to offer a finance of EGP 75 million to a finance leasing company in Egypt. Such loan…
Industrial Development Bank To Ask For Islamic Banking License
The Industrial Development and Workers Bank of Egypt considers asking the Central Bank of Egypt (CBE) for a license…
Banque Misr Secures Approval To Offer Ijara, Musharaka Mutanaqisa Services
Banque Misr has secured an approval from the Central Bank of Egypt (CBE) to offer Ijara Muntaheya Bettamleek…
Ahli United Raises Mortgage Portfolio By EGP 600 Mln In 2012
Al Ahli United Mortgage Company targets to increase its loan portfolio to EGP 100 million by the end of 2012, up…
Banque Misr Joins Consortium Arranging EGP 688 Mln Finance To Egyptian Co. For Potash
Banque Misr has joined the consortium encompassing National Bank for Development (NBD) and Bank Audi which arranges…
Bank Audi, NBD Invite Banks To Contribute To EGP 688 Mln Loan
Bank Audi and the National Bank for Development (NBD) will invite other banks to contribute to the EGP 688 million…
State Of Qatar’s Proposed Sukuk Trust Certificates Assigned ‘AA’ Rating
Standard & Poor's Ratings Services said today that it has assigned 'AA' issue credit ratings to the proposed…
NBE: Islamic Deposits Reach EGP 1 Bln
The National Bank of Egypt (NBE) said the volume of Islamic deposits reached EGP one billion and loan-to-deposit…
Banque Misr Awaits CBE’s Approval To Offer Ijara Services
Banque Misr has submitted a request to the Central Bank of Egypt in order to conduct Ijara (Islamic lease)…
NBD Manages Islamic Syndicated Loan To Iron Factory
Banque Misr and Bank Audi, lead arrangers of the EGP 900 million Sharia-compliant loan offered to Egyptians Factory…
Islamic Finance Facilitates Greater Investment in Egypt
Amanie Advisors and their guests have gathered for the 2nd International Shariah Investment Convention “ISIC II”…
Fatma Lotfy: Ijara and Sukuks Boosts Islamic Banking
Fatma Lotfy, vice chairman and managing director of Bank Audi, said that Islamic banking is still facing many…