The Egyptian Gulf Bank aims to be recognized as a provider of Islamic banking solutions that uphold our customers’ beliefs.
We offer our clients the best of both worlds, comprehensive banking services coupled with Islamic Banking.
You can access our products and services through our Islamic Banking branch in Azhar.

Savings Accounts

Our savings accounts offer you flexibility with competitive returns.
Returns are changeable and paid on a quarterly basis.
Minimum balance to be maintained is LE 100, USD 100 or its equivalent in foreign exchange.

Investment Accounts

Our investment account is a frequent transaction account that provides you an efficient and convenient way of handling your finances for an unlimited period of time.
Minimum balance must be maintained at LE 500, USD 500 or its equivalent in foreign exchange.
Deposits and cash withdrawals can be made in addition to other banking services.
Credit return to customer occurs at the end of each quarter. The client shares in profits only.

Trade Murabahah

This product provides you the capital to finance the purchase locally or the importation of consumer or capital goods. It is based on the Islamic concept of Murabahah, also known as mark-up sale financing. It is a contract entered between buyer (the customer) and seller (EGB) where the bank will sell goods on deferred terms to the buyer at an agreed selling price that comprises the bank’s purchase price and profit margin. The bank will pay the cost price of the goods direct to the supplier and the customer will settle the bank’s selling price either on a lump-sum basis, or in installments (monthly, semiannually or annually.)