Fawry, Egypt’s leading fintech company, announced that its fully owned subsidiary, Fawry MSME Finance, has secured an Islamic financing license from the Financial Regulatory Authority (FRA).

Al Baraka Bank Egypt has been awarded "Best Sharia Investment Banking Services Egypt 2024" from the Global Business & Finance Magazine.

Al Baraka Capital, Al Baraka Bank’s Islamic financial services arm, in cooperation with the fintech firm INVIA, has launched the first Sharia-compliant investment fund to finance small industrial companies.

Azimut Egypt has launched its shariah-compliant investment fund.

The Financial Regulatory Authority (FRA) has approved the launch of Azimut Egypt’s shariah-compliant fund.

CI Capital's subsidiary CI Capital Asset Management is planning to launch the first investment fund that mimics the index compliant with Islamic Sharia principles, pending the requisite regulatory approvals.

The Egyptian Exchange (EGX) has launched the EGX33 Shariah Index, a new index compatible with Islamic law, including 33 companies.

Abu Dhabi Islamic Bank – Egypt (ADIB-Egypt) is arranging a sharia-compliant loan worth EGP 5.8 billion for Egypt-based digital transformation enabler and systems integrator Giza Systems.

Al Ahly Financial Services, the investment arm of the National Bank of Egypt (NBE), has announced the launch of Al Ahly Sukuk Company, as per an emailed press release.