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المصري اليوم
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Sharia Certificates and Sukuk Map with 21% Returns
The article discusses the growth of Islamic banking products in Egypt, with a focus on Sharia-compliant certificates and sukuk that offer returns of up to 21% annually. It explains that banks have expanded their Islamic product offerings to meet the increasing demand, providing flexible options for profit distribution periods and multiple tenures, in addition to varying minimum subscription amounts ranging from 1,000 to one million Egyptian pounds depending on the product. Data indicates that the volume of Islamic deposits reached 999 billion Egyptian pounds by the end of March 2026, representing a 28% increase compared to the previous year, while Islamic financing exceeded one trillion pounds, recording an annual growth rate of 20.5%. The article emphasizes that the diversity of products and competition among banks bolster the status of Islamic banking, along with the necessity of submitting basic documentation for subscription—such as a national ID and a utility bill—to encourage customers to save and invest in accordance with Sharia principles.
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