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…
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Islamic banking
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$…
Volume Of Islamic Banking Reached EGP 94.5 Bln In Egypt: Hermes
Khalil El Bawab, Director of Fixed Income at EFG Hermes Asset Management, said the Egyptian market needs more sound…
Banque Misr Secures Approval To Offer Ijara, Musharaka Mutanaqisa Services
Banque Misr has secured an approval from the Central Bank of Egypt (CBE) to offer Ijara Muntaheya Bettamleek…
11 Banks Show Willingness To Finance Steel Company
About eleven banks have given initial approvals to contribute up to 150% to the Islamic syndicated loan amounting…
Shehab Marzban To Establish Finance Company For Small Tech Firms In October
Shehab Marzban, member of the board of directors of the Egyptian Islamic Finance Association, said he will…
Value Of Islamic Investment Funds Reach US$ 60 Bln: Shehab Marzban
Shehab Marzban, member of the board of directors of the Egyptian Islamic Finance Association, said the value of…
United Bank: 70% Of Transactions Are Compliant With Islamic Sharia Law
The United Bank of Egypt has succeeded in the last period to expand in Islamic banking as 70% of its transactions…
IDB: Electronic Banking Reduces 50% Of Financing Costs
Sami Swailem, deputy director at the Islamic Research and Training Institute of the Islamic Development Bank, said…
Agricultural Credit Bank: 43% Of Customers Demand Islamic Banking Products
The Principal Bank for Development and Agricultural Credit has conducted a survey to know the customers’ needs in…