Islamic banking in Egyptian market hits EGP 737bn in June 2024

A recent report by the Egyptian Islamic Finance Association (EIFA) highlights the robust performance of Islamic banking in Egypt. In June 2024, the turnover of Islamic banking reached EGP 737bn, marking a substantial increase of EGP 175bn compared to June 2023. This impressive growth represents a 31.1% year-on-year expansion.  …
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