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Top Islamic savings options in Egypt for 2026

Top Islamic savings options in Egypt for 2026

Egyptian banks have experienced unprecedented demand for Islamic savings certificates following the Central Bank's decision to keep interest rates stable. Banks have introduced products with returns reaching up to 27%. These products include various Sharia-compliant sukuk and investments of different durations, such as "Maysara" Sukuk from the Suez Canal Bank offering a daily return of up to 26.5% or 27% monthly, and the "Namaa" and "Izdihar" certificates from the Faisal Islamic Bank providing cumulative returns and monthly income streams. Additionally, certificates from Bank of Egypt and the National Bank of Kuwait offer income stability and flexible options for redemption and profit utilization. These products are characterized by compliance with Sharia regulations and are designed to meet clients' wealth management needs, offering flexibility in terms of occurrences and maturity dates.

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