Islamic Sukuk Certificate of Deposit


Minimum value EGP 1,000

Term of 3 years

Eligible for individuals only

Interest structure

Variable interest as per Mudaraba concept

Interest is paid quarterly

Interest distribution: 75% for the customer and 25% for the bank

In its sole discretion, Suez Canal Bank may grant part of its profit to the customer as a compensation

* Other conditions may be applied at time of purchase.


Eligible to borrow up to 90% of its value.

Eligible to get Suez Canal Bank's credit cards (free issuance fee for the first year).

Redeemable certificate after the first 6 months, according to the bank redemption schedule.

Required Documents

Original & valid national ID for Egyptians.

Original passport for foreigners, with a valid residency document.

Original birth certificate for minors.

Recent utility bill (electricity, telephone bill, etc.).

* Other documents may be requested.