Corporate Deposits in the Islamic banking sector in Egypt rose to EGP 272.44 bn by March 2025-End

7/23/2025 5:32:10 PM

The Islamic banking sector in Egypt, which includes «Abu Dhabi Islamic Bank ADIB, Kuwait Finance House Bank Egypt, Al Baraka Bank, and Faisal Islamic Bank», was able to achieve an increase in its total institutional deposit portfolios «combined», with a growth rate of 6.4% during the first quarter of 2025, recording 272.44 billion pounds by the end of March 2025, compared to 253.06 billion by the end of 2024.

In terms of the growth in the size of each bank's portfolio individually, Abu Dhabi Islamic Bank Egypt «ADIB» achieved a growth in its institutional deposit portfolio at a rate of 8% during the first quarter of this year, reaching EGP 122.43 billion by the end of March 2025, compared to EGP 113.48 billion by the end of 2024, with a market share of 44.9% in terms of institutional deposits in the Islamic banking sector in Egypt by the end of last March.

As for Kuwait Finance House Bank Egypt, the size of the institutional deposit portfolio increased at a growth rate of 10.5% during the first quarter of this year, recording EGP 101.11 billion at the end of last March, compared to EGP 91.48 billion at the end of 2024, to obtain a market share of 37.1% of the total institutional deposits in the Islamic banking sector in Egypt at the end of March 2025.

Last January, it was announced that the new visual identity of Ahli United Bank – Egypt would be launched, transforming it into Kuwait Finance House Bank – Egypt «KFH», as part of a historic step that would constitute a real addition to Islamic banking services in Egypt.

Al Baraka Bank's total institutional deposit portfolio increased at a growth rate of 1.2% during the first quarter of this year, reaching EGP 44.43 billion by the end of March 2025, compared to EGP 43.89 billion by the end of 2024, and it holds a market share of 16.3% of the total institutional deposits in the Islamic banking sector in Egypt by the end of last March.

As for Faisal Islamic Bank, its total institutional deposit portfolio increased by 5.9% during the first quarter of this year, after recording EGP 4.46 billion at the end of March 2025, compared to EGP 4.21 billion at the end of 2024, and it acquired a market share of 1.6% in terms of the volume of institutional deposits in the Islamic banking sector in Egypt at the end of last March.