The Saudi National Bank (SNB) and Etihad Etisalat Co. (Mobily) have signed a Murabaha financing agreement.
Murabaha
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Abu Dhabi Islamic Bank – Egypt (ADIB) signed a support financing agreement with the International Finance Corporation …
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Abu Dhabi Islamic Bank Egypt (ADIB Egypt), part of the UAE’s largest sharia-compliant lender, posted a 44 …
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Al Baraka Bank Egypt, part of the Bahraini Al Baraka Group, said on Tuesday its first half …
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Egypt News
Saudi-based Apicorp arranges $100m Islamic financing for Egypt’s EGPC
by Noha Gadby Noha GadSaudi Arabia-based Arab Petroleum Investments Corp (APICORP) has arranged a three-year $100 million murabaha financing facility for …
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Banks
Al Baraka Bank Egypt: H1 customers’ deposits surge to $143.3 mln
by Yomna Yasserby Yomna YasserAl Baraka Bank Egypt, part of Bahrain’s Al Baraka Banking Group, says customers’ deposits compliant to the …
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Al Baraka Bank Egypt, part of Bahrain’s Al Baraka Banking Group, reported a first half net profit …
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Banks
Faisal Islamic Bank Takes Part in CBE’s Mortgage Funding Initiative
by Yomna Yasserby Yomna YasserFaisal Islamic Bank of Egypt decided to take part in the Central Bank of Egypt’s mortgage finance …
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Banks
NBE Grants EGP200mn Islamic Finance for a Company Working in Industry Sector
by Yomna Yasserby Yomna YasserThe National Bank of Egypt (NBE) announced a new Sharia-compliant loan agreement worth EGP 200 million ($28.7 …
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Banque Misr is planning to launch its new sharia-compliant product “Murabaha Mortgage” within the first quarter of …