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In 2024, Egypt’s Islamic banking sector surged by 68% to LE 1.14 trillion, representing 5% of the total banking market. Islamic deposits rose to LE 738 billion, while Sharia-compliant financing …
Significant Growth in Egypt’s Islamic Banking Sector: 68% Increase in 2024 Read More
The Islamic banking sector in Egypt reached EGP 1.14 trillion in 2024, growing by 68% since December 2023. This sector now includes 15 licensed banks and has expanded to 311 …
Significant Growth in Egypt’s Islamic Banking Sector: EGP 1.14 Trillion in 2024 Read More
In 2024, private banks in Egypt reported record profits due to substantial growth in interest income and operating revenues. Key players such as the Commercial International Bank and Faisal Islamic …
Egypt’s Private Banks Record Unprecedented Profits in 2024 Read More