First: SMEs Financing Murabaha (EGP 30,000 to EGP 250,000)
- The minimum age is 21 and the maximum is 65 upon the Murabaha maturity.
- The enterprise must have been functional for at least a year.
- The customer’s business activity should be within the city, village or center where the Islamic banking branch is located.
- The activity should not be illegal according to Shariah or prohibited according to the policies of the product (agricultural/animal/poultry/fish/transportation).
Statement |
Product 1 |
Product 2 |
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Targeted Groups |
All clients who are active in the following industries: (commercial - industrial - service) for the purpose of financing working capital and with a turnover (annual sales/revenues) of less than one million pounds for existing projects (more than a year) and with less than 50 thousand pounds paid-in capital for new projects (less than one year)
Transportation and excursions offices |
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Murabaha Sales Value |
From 30,000:75,000 Egyptian pound |
More than 75,000: 250,000 Egyptian pound |
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Murabaha Segments and Variations in Value |
New customers can be granted Murabahat starting from the second slide, provided that the client has a credit history with Banque Misr or other banks, or associations and microfinance companies (MFIs) recognized in the I-SCORE report |
New customers can be granted Murabahat starting from the second slide, provided that the facility has a credit history (in microfinance) with Banque Misr or other banks or associations and microfinance companies (MFIs) that are recognized in the I-SCORE report |
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Murabaha Period |
From 6 to 24 months |
From 12 to 36 months |
The product is provided through all Islamic banking branches
Main required documents:
- Application for Murabaha for microenterprises
- Copy of valid national ID card (both customer and guarantor)
- Copy of the proof of presence (lease contract with a fixed date or ownership contract)
- New electricity receipt
- The following documents are required for Product 2 only:
- A recent certificate from the Commercial Registry
- Copy of tax card
- Copy of social security payment receipt
Additional benefits:
- In accordance with the provisions of Islamic Shariah and under the supervision of a legitimate body.
- The option of financing street vendors.
- The option of financing projects managed domestically.
- The option of financing projects managed by women.
- The option of financing projects managed through stalls owned by the City Council.
*Terms and conditions apply