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…
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musharaka
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…
