Agricultural Credit Bank: Islamic Finances Hit EGP 507 Mln In August
The Principal Bank for Development and Agricultural Credit stated that the value of Islamic finances (Musharaka and…
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Islamic banking
Faisal Bank: Assets Hit EGP 37.7 Bln In June 2012
The Faisal Islamic Bank of Egypt stated that the value of its assets rose by EGP 2.6 billion, registering EGP 37.7…
Alizz Islamic Bank To Get Support From Bahrain Institution
alizz islamic bank, which is opening its RO40 million initial public offering on September 22, will get expertise…
Egyptian Gulf Bank Launches Islamic Banking Unit
The Egyptian Gulf Bank (EGB) targets to launch an Islamic banking unit in the upcoming period. The new unit will…
United Bank Launches 48th Branch In Mohandseen
The United Bank of Egypt inaugurated a new Islamic banking branch in Mohandseen, as part of the bank’s strategy to…
NBE’s Islamic Deposits Hit EGP 700 Mln In August 2012
The National Bank of Egypt’s (NBE) portfolio of Islamic deposits registered EGP 700 million at the end of last…
Agricultural Credit Bank To Launch 4 New Islamic Windows In September
The Principal Bank for Agricultural Credit and Development targets to increase the number of Islamic banking…
Demands For Enacting Sukuk Issuance Law In Egypt
The Egyptian Islamic Finance Association plans to submit a suggestion to the next People’s Assembly (Lower…
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 Offers EGP 200 Mln To East Delta Electricity Company
Banque Misr approved to contribute EGP 200 million to the Islamic syndicated loan amounting to EGP 720 million (US$…
