Abu Dhabi Islamic Bank Egypt 2019 net profit jumps 44%
Abu Dhabi Islamic Bank Egypt (ADIB Egypt), part of the UAE’s largest sharia-compliant lender, posted a 44 percent…
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mudaraba
Al Baraka Bank Egypt H1 net profit rises 23.7%
Al Baraka Bank Egypt, part of the Bahraini Al Baraka Group, said on Tuesday its first half net profit rose 23.7…
Al Baraka Bank Egypt: H1 customers’ deposits surge to $143.3 mln
Al Baraka Bank Egypt, part of Bahrain’s Al Baraka Banking Group, says customers’ deposits compliant to the Shariah…
Al Baraka Bank H1 net profit up to $28.7 mln in Egypt
Al Baraka Bank Egypt, part of Bahrain’s Al Baraka Banking Group, reported a first half net profit worth 255.390…
Faisal Bank’s Finances Fell To EGP 3.21 Bln At End-2012
Faisal Islamic Bank of Egypt’s funds and balances held at the Central Bank of Egypt (CBE) fell 13.3% (EGP 451.6…
Suez Canal Bank’s Islamic Transactions Hit EGP 900 Mln
Suez Canal Bank’s Islamic banking transactions surged by EGP 200 million during the period from the end of…
Faisal Bank’s Finances Hit EGP 3.199 Bln At End Of September
Faisal Islamic Bank of Egypt’s Musharaka and Mudaraba fell by 149.8 billion (4.4%), registering EGP 3.199 billion…
SFD Lends Youths At 0% Interest Rate
The Social Fund for Development (SFD) will implement a new system to provide youths with Musharaka, Murabaha and…
United Bank Signs First Two Islamic Finance Contracts
The United Bank of Egypt signed the first two sharia-compliant syndicated loan contracts, said Mohamed Ashmawy, the…
East Delta Electricity Co. To Hold GM For Islamic Syndicated Loan
The Board of Directors of the East Delta Electricity Production Company will meet next Monday to approve the…
Faisal Bank: Musharaka, Mudaraba Transactions Registered EGP 2.8 Bln In H1
Faisal Islamic Bank of Egypt said the value of Musharaka (Islamic joint venture) and Mudaraba (Islamic venture…
Faisal Bank Reports EGP 283 Mln Net Profit In H1
Faisal Islamic Bank of Egypt reported net profit of EGP 283.6 million at the end of June 2012, up from EGP 152.9…
United Bank Considers Contributing With EGP 25 Mln To East Delta Loan
The United Bank has given a preliminary approval to contribute to the loan worth US$ 120 million arranged by the…
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 Considers a EGP 3 Bln Islamic Finance To Misr Financial Investments
Banque Misr studies providing long-term sharia-compliant finance worth EGP 3 billion to Misr Financial Investments…