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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musharaka
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…
SAIB Bank to ink first Shariah-compliant deal with SFD Egypt early 2016
Societe Arabe Internationale de Banque (SAIB) will be signing its first Shariah-compliant agreement upon the…
Al Baraka Bank Egypt plans EGP750 million SME Lending in 2015
Al Baraka Bank Egypt plans to pump EGP 750 million to fund the country’s SME sector within 2015, CEO told Amwal Al…
NBE Plans To Provide SMEs With EGP 50 Mln Islamic Finances
The National Bank of Egypt (NBE) targets to provide small and medium-sized enterprises (SMEs) with Islamic finances…
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…
Al Baraka Bank Eyes 20% Increase In SME Finances In 2013
Al Baraka Bank of Egypt plans to launch a Musharaka SME Finance program in the next month after the bank signed a…
NBE Starts Offering Musharaka Finance For SMEs
The National Bank of Egypt (NBE) will begin offering Musharaka finance for small and medium enterprises (SMEs)…
Al Baraka Bank Egypt Launches Musharaka For SMEs Next January
Al Baraka Bank of Egypt plans to offer Musharaka finance for small and medium enterprises (SMEs) by next January by…
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…
Al Baraka To Offer Musharaka Finance For SMEs In November
Al Baraka Bank Egypt targets to expand in financing small and medium enterprises (SMEs) by the beginning of next…
NBE To Sign SME Finance Contract Worth EGP 150 Mln With SFD
The National Bank of Egypt (NBE) plans to sign a new contract with the Social Fund for Development (SFD) by the…
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…
SFD To Launch New Murabaha Product
The Social Fund for Development (SFD) targets to launch a new sharia-compliant Murabaha product, said Nevine Gamea,…
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…
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…
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…
Al Baraka Increases SME Finances By EGP500 Mln In FY 2012/13
Al Baraka Islamic Bank - Egypt will inject EGP 500 million into the SME finance portfolio, raising it to EGP 1.5…
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…
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…