Egypt’s Islamic finance industry exceeds $40B as GCC capital supports growth: Fitch

Fitch Ratings estimated the value of Egypt’s Islamic finance industry at over $40 billion at the end of the first half (H1) of 2026, expecting Gulf investment, sovereign funding needs, economic diversification, and regulatory reforms to support further growth in H2 2026 and 2027, the agency said in a n on-rating action commentary…