EGBANK Islamic banking services is about banking activities that is consistent with the principles of Shari’a

Features and Benefits:

01.

Islamic Shari'a Compliant

02.

Offered to individuals only (including minors)

03.

Accessibility to your accounts 24/7 through EGBANK ATMs or any 123 ATM locally and internationally

04.

The profit is variable and calculated and paid quarterly under the Islamic term of (Mudarabah)

ELIGIBILITY

Minimum Balance:

EGP 5K or & USD 500 or equivalent for accounts in other foreign currencies

Required Documents

  • 01.

    Valid National ID

  • 02.

    Valid passport with residencey /work permit (for foreigners)

  • 03.

    Recent copy of commercial register and tax card (for Self-Employed & Professionals)

  • 04.

    Recent utility bill (maximum three months)

Aman Sukuk in EGP

Eligibility:
  • Minimum amount to issue a certificate is EGP 1000 and its multiples
Redemption:
3 Years From 7 months
up to 1 year 		2 nd Year 3rd Year
EGP 5% 4% 3%
Features and Benefits:
  • Islamic Shari'a Compliant
  • Duration 3 years
  • Offered to individuals only (including minors)
  • CD holder cannot redeem the held amount before 6 months from applying date
  • Calculation of the profit starts from the following business day from the client request
  • The profit is variable and calculated based on the actual results of business under the Islamic term of (Mudarabah) and is paid monthly or quarterly
Requirements
  • Valid National ID
  • Valid Passport with Residency / Work permit (for foreigners )
  • Recent utility bill (maximum three months)
  • Recent copy of commercial register and tax card (for Self-Employed & Professionals)
  • Account Opening required documents
  • CD application form

3 Years Islamic Diamond Certificate of Deposit in EGP

Features and Benefits:
  • Offered to individuals only (including minors)
  • Competitive expected profit rates up to 17%
  • Duration of CD: 3 years
  • CD frequency: monthly
  • Minimum CD amount: 10,000 EGP
  • Possibility of profit withdrawal through ATMs 24/7
  • Eligibility for Islamic finance against the CD up to 90%
  • Possibility of CD redemption after 6 months based on early redemption table
  • Islamic Shari'a Compliant
  • Terms and conditions applies
    Redemption Period Deducted Percentage
    From the seventh month and up to one year 7 %
    During the second year 6 %
    During the third year 5 %

First : Investment Account Features and Benefits

01.
Islamic Shari'a Compliant
02.
Offered to individuals only (including minors) and enterprises
03.
Accessibility to your accounts 24/7 through EGBANK ATMs or any 123 ATM locally and internationally
04.
Cheque book issuance(Terms & conditions Apply)
05.
The profit is variable and calculated and paid quarterly under the Islamic term of (Mudarabah)

Eligibility:

Minimum Balance:

EGP 5K for EGP accounts & USD 200 or equivalent for accounts in foreign currencies

Required Documents

  • 01.

    Valid National ID

  • 02.

    Valid Passport with Residency / Work permit (for foreigners )

  • 03.

    Recent utility bill (maximum three months)

  • 04.

    Recent copy of commercial register and tax card (for Self-Employed & Professionals)

SECOND : ESTITHMAR - TIERS - ACCOUNT Features and Benefits

01.
Islamic Shari'a Compliant
02.
Offered to individuals only (including minors) and enterprises
03.
Accessibility to your accounts 24/7 through EGBank ATMs or any 123 ATM locally and internationally
04.
Cheque book issuance (Terms & conditions Apply)
05.
The profit is variable and calculated based on the actual results of business under the Islamic term of (Mudarabah)
06.
The profit is calculated based on the closing balance daily and paid monthly

Eligibility:

Minimum Balance:

EGP 50K

Required Documents

  • 01.

    Valid National ID

  • 02.

    Valid Passport with Residency / Work permit (for foreigners )

  • 03.

    Recent utility bill (maximum three months)

  • 04.

    Recent copy of commercial register and tax card (for Self-Employed & Professionals)

Eligibility:
  • Minimum Balance: EGP 5K for EGP accounts & USD200 or equivalent for accounts in foreign currencies
Features and Benefits:
  • Islamic Shari'a Compliant
  • Non-interest bearing
  • Offered to individuals only (including minors) and enterprises
  • Accessibility to your accounts 24/7 through EGBank ATMs or any 123 ATM locally and internationally
  • Cheque book issuance (Terms & conditions apply)
Requirements
  • Valid National ID
  • Valid Passport with Residency / Work permit (for foreigners )
  • Recent utility bill (maximum three months)
  • Recent copy of commercial register and tax card (for Self-Employed & Professionals)
Eligibility:
  • Minimum Balance: EGP 500 or & 1000 in other foreign currencies
In Case of partial or full redemption 2% of last distribution rate will be deducted
Features and Benefits:
  • Islamic Shari'a Compliant
  • duration (1 – 3 – 6 – 9 -12 months)
  • Offered to individuals only (including minors) and enterprises
  • Calculation of the profit starts from the first working day of the calendar month following the deposit date
  • The profit is variable and calculated based on the actual results of business under the Islamic term of (Mudarabah)
Requirements
  • Valid National ID
  • Valid Passport with Residency / Work permit (for foreigners )
  • Recent utility bill (maximum three months)
  • Recent copy of commercial register and tax card (for Self-Employed & Professionals)
  • Sukuk Time Deposit application
Interested in Islamic
Banking?
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19342

Head Offices

The Address:
45B, The Address Building, North Teseen st.,

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"Terms & Conditions Apply"

Data enclosed on the website is subject to change upon the bank discretion where such changes will be considered effective until updated on the website

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