Islamic Current Account
A Sharia-compliant, non-interest-bearing Islamic current account offering deposits, withdrawals, and cheque book issuance, with a minimum opening balance of EGP 5,000 or its equivalent in foreign currencies.
- Min. opening deposit
- EGP 5,000
- Monthly fee
- EGP 0
The account
- Min. opening deposit
- EGP 5,000
- Overdraft allowed
- No
Fees
- Opening fee
- EGP 150
- Monthly fee
- EGP 0
- Quarterly fee
- EGP 300
- Annual fee
- EGP 0
- Below-minimum fee
- EGP 0
- Dormant account fee
- EGP 0
- Statement fee
- EGP 200
- Cheque book fee
- EGP 500
- Cheques per book
- 48
Services
Eligibility
- Joint account
- No
- Minor account
- Yes
- Open to foreigners
- Yes
- Min age
- 15
- Required documents
- National ID CopyPassport Copy
Our take
Pros
- A cheque book can be issued.
- The account complies with Islamic Sharia principles.
Cons
- The account is non-interest-bearing.
Our take
The EGBANK Islamic Current Account is a Sharia-compliant banking account that allows customers to deposit and withdraw funds through bank branches and ATMs. A cheque book can be issued in accordance with banking regulations. The account is non-interest-bearing, with a minimum opening balance of EGP 5,000, USD 200, or the equivalent in other foreign currencies.
A Sharia-compliant, non-interest-bearing Islamic current account offering deposits, withdrawals, and cheque book issuance, with a minimum opening balance of EGP 5,000 or its equivalent in foreign currencies.
Compare
| Islamic Current Account Egbank This one | Current Account Abu Dhabi Islamic Bank Egypt | Current Account Kuwait Finance House Egypt | United Bank Islamic Current Account the united bank |
|---|---|---|---|
| Min. opening deposit | |||
| EGP 5,000 | EGP 5,000 | EGP 5,000 | EGP 3,000 |
| Monthly fee | |||
| EGP 0 | EGP 600 Yearly fee | EGP 700 Yearly fee | EGP 0 Yearly fee |
Added Thursday 22 October 2026 - 04:59 PM