{
Faisal Islamic Bank of Egypt

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}
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001122334455554433221100

Islamic banking in Egypt grows to 1.14 trillion EGP in 2024

Islamic banking in Egypt has surged to EGP 1.14 trillion in 2024, marking a 68% increase from the previous year and accounting for 5% of the total banking market. Deposits in Islamic banks reached EGP 738 billion, reflecting a 65% growth, while the sukuk market saw issuances of EGP 100 billion, indicating rising interest in Sharia-compliant financial instruments.
CairoScene
Egyptian Pound Faisal Islamic Bank of Egypt Kuwait Finance House (K.S.C.P.) NA EGY
Finance & Economy, Market Report
01:00 04.03.2025
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