Currency conversion rate as of January 21, 2025 was 1 USD = 50.2736 EGP.
"Takaful" is an Islamic insurance model where participants pool their funds to provide mutual financial protection. Each participant contributes to a common fund, and the funds are used to compensate those who experience a loss or need assistance, based on the principles of shared responsibility and mutual cooperation. The process avoids interest (riba) and uncertainty (gharar), as it is based on ethical risk-sharing. Takaful operates without the profit motive of traditional insurance and is often used for health, life, or property coverage.
As of the third quarter of 2024, takaful contributions in Egypt reached *** billion Egyptian pounds, some *** million U.S. dollars. This was an increase from the same period in the previous year.
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MEIR. (January 18, 2025). Takaful (Islamic insurance) contributions in Egypt as of 3rd quarter 2023 and 3rd quarter 2024 (in billion Egyptian pounds) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 22, 2026, from /statistics/1551831/takaful-contributions-in-egypt/
MEIR. "Takaful (Islamic insurance) contributions in Egypt as of 3rd quarter 2023 and 3rd quarter 2024 (in billion Egyptian pounds)." Chart. January 18, 2025. ÌÇÐÄÆƽâ°æ. Accessed July 22, 2026. /statistics/1551831/takaful-contributions-in-egypt/
MEIR. (2025). Takaful (Islamic insurance) contributions in Egypt as of 3rd quarter 2023 and 3rd quarter 2024 (in billion Egyptian pounds). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 22, 2026. /statistics/1551831/takaful-contributions-in-egypt/
MEIR. "Takaful (Islamic Insurance) Contributions in Egypt as of 3rd Quarter 2023 and 3rd Quarter 2024 (in Billion Egyptian Pounds)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 18 Jan 2025, /statistics/1551831/takaful-contributions-in-egypt/
MEIR, Takaful (Islamic insurance) contributions in Egypt as of 3rd quarter 2023 and 3rd quarter 2024 (in billion Egyptian pounds) ÌÇÐÄÆƽâ°æ, /statistics/1551831/takaful-contributions-in-egypt/ (last visited July 22, 2026)
Takaful (Islamic insurance) contributions in Egypt as of 3rd quarter 2023 and 3rd quarter 2024 (in billion Egyptian pounds) [Graph], MEIR, January 18, 2025. [Online]. Available: /statistics/1551831/takaful-contributions-in-egypt/
