Annual Edge deposit — Al Baraka Bank Egypt | Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

BANKY NOW 2 Nov 2026
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Islamic

Annual Edge deposit

Al Baraka Bank Egypt · Deposits · Islamic · Egyptian Pound · 4.0 · Tuesday 22 September 2026 - 07:38 AM

A one-year Egyptian Pound term deposit for individuals and companies, with a minimum deposit of EGP 250,000 and a variable return of up to 16% annually at maturity, with monthly return payment and automatic renewal of the principal available.

Expected profit by payout
13.5% – 14%
Term
1 yr
Min. deposit
EGP 250K
Payout
Monthly 13.5% · At maturity 14%

Returns

Rate type
Floating Cbe
Payout
Multiple
Yield by payout
Monthly 13.5% · At maturity 14%
Rate tiers
  1. EGP 250,000 – EGP 999,999 1 yrCompounded monthly
    13.5%
  2. EGP 250,000 – EGP 999,999 1 yrAt Maturity
    14%
  3. EGP 1,000,000 – EGP 4,999,999 1 yrCompounded monthly
    14.5%
  4. EGP 1,000,000 – EGP 4,999,999 1 yrAt Maturity
    15%
  5. ≥ EGP 5,000,000 1 yrCompounded monthly
    15.5%
  6. ≥ EGP 5,000,000 1 yrAt Maturity
    16%

Amount & term

Deposit type
Time Deposit
Term
1 yr
Min deposit
EGP 250,000
Negotiable
No

Withdrawal & renewal

Early withdrawal
Yes
Auto-renew
Yes
Renewal rate type
Prevailing
Usable as collateral
Yes
Available online
Yes
Branch visit required
Yes

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Annual Edge deposit

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Our take 4.0

4.0 Banky rating

Pros

  • Internet Banking Services: Enjoy access to all banking services online.
  • Credit Card Issuance and Financing: Secured by Al Baraka term deposits.

Cons

  • Early Redemption Rates:Before one month has elapsed from the date of opening the deposit: 100% of the deposit return will be deducted.
  • Early Redemption Rates: After one month has elapsed from the date of opening the deposit: 90% of the deposit return will be deducted.

Our take

A one-year Egyptian Pound term deposit available to individuals and companies, with a minimum deposit amount of EGP 250,000. The deposit offers a variable annual return of up to 16.00%, payable at maturity, depending on the applicable deposit tier, with the option to receive the return monthly at rates starting from 13.50%. The deposit also offers automatic renewal of the principal amount at maturity, with applications available through the bank’s branches, Internet Banking, and Mobile Banking services for existing customers.

A one-year Egyptian Pound term deposit for individuals and companies, with a minimum deposit of EGP 250,000 and a variable return of up to 16% annually at maturity, with monthly return payment and automatic renewal of the principal available.

Compare

Alternatives at a glance
Annual Edge deposit Al Baraka Bank Egypt This one 1- year Upfront TDً Kuwait Finance House Egypt 6- month Upfront TDً Kuwait Finance House Egypt 3- moth Upfront TDً Kuwait Finance House Egypt
Expected profit by payout
13.5% – 14% 12.5% Expected annual profit12% Expected annual profit11.5% Expected annual profit
Term
1 yr 1 yr 6 mo 3 mo
Min. deposit
EGP 250K EGP 500K EGP 500K EGP 500K
Payout
Monthly 13.5% · At maturity 14% Upfront Upfront Upfront
Compare with 3 similar deposits

Added Tuesday 25 August 2026 - 07:42 AM Updated Thursday 08 October 2026 - 12:59 AM