Variable-Rate Sukuk Plus Program with Indicative Profit Rate
This product is excellent and highly suitable for investors and individuals who hold liquidity in Egyptian pounds and are seeking the highest possible return in compliance with Islamic Sharia.
- Expected profit by payout
- 19% – 19.25%
- Term
- 3 yrs
- Min. deposit
- EGP 100K
- Payout
- Daily 19% · Monthly 19.25%
Returns
- Yield type
- Floating
- Payout
- Multiple
- Yield by payout
- Daily 19% · Monthly 19.25%
- ≥ EGP 100,00019%
- ≥ EGP 100,00019.25%
Amount & term
- Term
- 3 yrs
- Min deposit
- EGP 100,000
Withdrawal & renewal
- Early withdrawal
- No
- Auto-renew
- No
- Renewal term
- Flexible
- Available online
- Yes
- Branch visit required
- Yes
- National ID required
- Yes
Do the maths
Our take
Pros
- It offers one of the highest returns among the *sukuk* (Islamic bonds) or accounts available in the Egyptian banking market.
- It offers the client the flexibility to choose the frequency of profit payouts—either monthly or daily—thereby accommodating the diverse cash flow needs of individuals.
- The rate of return fluctuates based on adjustments made by the Central Bank of Egypt (regarding the overnight deposit rate), ensuring it remains aligned with changes in the financial market.
- Sukuk are issued and managed in accordance with the principles of Islamic Sharia (through investment in tangible investment vehicles and based on actual investment outcomes).
Cons
- The minimum investment amount for the *sukuk* (Islamic bond) starts at 100,000 EGP, with increments of 1,000 EGP—a threshold that is relatively high compared to other *sukuk* offerings.
- The expected rate of return is subject to change; a lower, indicative expected profit rate may be applied in the event of changes to the profit distribution mechanism or the performance of the investment pool.
Our take
This product is excellent and highly suitable for investors and individuals holding idle cash in Egyptian pounds who are seeking the highest possible Sharia-compliant return in the current interest-rate environment—especially those who prefer frequent profit payouts (daily or monthly) to help counter inflation. While the *sukuk* (Islamic bond) serves as a robust investment vehicle offering highly competitive returns within the Egyptian market, it is essential to carefully review the terms and conditions. Furthermore, one should be aware that variable returns are inherently subject to fluctuation—rising or falling—depending on economic performance and official interest-rate movements.
This product is excellent and highly suitable for investors and individuals who hold liquidity in Egyptian pounds and are seeking the highest possible return in compliance with Islamic Sharia.
Compare
| Variable-Rate Sukuk Plus Program with Indicative Profit Rate Abu Dhabi Islamic Bank Egypt This one | El Safwa Certificate Kuwait Finance House Egypt | 3 Years Al Ghina Suk Abu Dhabi Islamic Bank Egypt |
|---|---|---|
| Expected profit by payout | ||
| 19% – 19.25% | 18% – 18.5% | 17.5% – 19% |
| Term | ||
| 3 yrs | 3 yrs | 3 yrs |
| Min. deposit | ||
| EGP 100K | EGP 50K | EGP 2.5M |
| Payout | ||
| Daily 19% · Monthly 19.25% | Monthly 18% · Quarterly 18.25% · Annual 18.5% | Monthly 17.5% · Quarterly 17.75% · Annual 19% |
Added Monday 26 October 2026 - 12:50 PM Updated Monday 26 October 2026 - 01:18 PM