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Release from Abu Dhabi Islamic Bank- Egypt (ADIB.CA) Concerning a Subsidiary

Abu Dhabi Islamic Bank ADIB 0.36% 39.54 0.14
Company Name : Abu Dhabi Islamic Bank- Egypt
ISIN Code : EGS60111C019
Reuters Code : ADIB.CA
Content :
Release from the bank stating that it has carried out joint financing in accordance with the principles of Islamic Shari'a for the benefit of "Giza Systems" company and its subsidiary "Vaz Integrated Solutions" company with a value of 5.5 billion pounds through Murabaha and mudaraba system, the bank's share in joint financing amounts to 700 million Egyptian pounds at a rate of 12.73% of the total financing.

Release from the Bank in Arabic (57 KB)
Release from the Bank in English (54 KB)
Statement from the company

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