Egyptian Islamic Finance Association
The continued growth highlights the expanding role of Islamic finance in Egypt’s broader financial landscape, with more consumers and institutions turning toward banking models that comply with Islamic law
Islamic banking now represents 4 percent of the overall Egyptian banking sector, supported by 14 banks licensed by the Central Bank of Egypt to offer Islamic financial products
The Egyptian Exchange (EGX) introduced the Shariah-compliant EGX33 index in June, which features 33 carefully selected companies.
