Islamic Banking

EGX launches first Sharia-compliant index during Wednesday trading

Wed, 12 Jun 2024 - 04:31 GMT

Consisting of 33 companies from various sectors, the newly-launched EGX33 index adheres to a methodology approved by the shariah supervisory committee

Islamic banking accounts for approx. 5% of overall Egyptian banking sector, says EIFA

Thu, 01 Jun 2023 - 03:01 GMT

Islamic banking accounts for approximately 5% of the overall Egyptian banking sector, according to the EIFA’s latest data

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