Al Baraka, SFD Sign EGP 200 Mln Musharaka Finance Contract
Al Baraka Islamic Bank- Egypt and the Social Fund for Development (SFD) signed a finance contract to offer new and…
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Islamic banking
Banque Misr Eyes 11% Increase In Loans In 2012/13
Banque Misr targets to increase the volume of loan portfolio by 10%-11%, to register EGP 57 billion by the end of…
EGB’s Loan Portfolio Up To EGP 3.2 Bln In H1 2012
The Egyptian Gulf Bank’s (EGB) portfolio of loans, credit facilities and murabahas registered EGP 3.241 billion at…
Al Baraka Egypt Eyes EGP 2 Bln Increase In Deposits In 2012
Al Baraka Bank Egypt targets to increase the value of the deposit portfolio to EGP 15 billion by the end of 2012,…
Al Baraka Bank Egypt’s Net Profit Up To EGP67.8 Mln In H1
Al Baraka Bank Egypt posted net profit of EGP 67.821 million in the first half of 2012, up from EGP 66.446 million…
NBE Offers EGP 200 Mln Islamic Finance To A Poultry Company
The National Bank of Egypt (NBE) approved offering EGP 200 million murabaha loan to a poultry company, raising the…
KIB Organizes Second Islamic Seminar During Ramadan
Kuwait International Bank (KIB) has recently organized an Islamic seminar for its employees by Dr. Khaled Al…
AIB’s Deposits Up to EGP 3.5 Bln In H1 2012
The Arab Investment Bank’s (AIB) deposits reached EGP 3.5 billion at the end of the first half of 2012, up from EGP…
Suez Canal Bank’s Islamic Finances Hit EGP 700 Mln In H1 2012
Suez Canal Bank offered EGP 700 million worth of sharia-compliant finances by the end of the first half of 2012,…
Banque Du Caire Achieves EGP201 Mln Post-Tax Profit In Q1: Chairman
Mounir El-Zahed, chairman of Banque Du Caire, has affirmed what Amwal Al Ghad published about the bank’s financial…