GB Capital Establishes "Capital Sukuk" with EGP 10 Million Capital

GB Capital has received a license from the Financial Regulatory Authority to engage in sukuk-related activities in Egypt. In line with this development, the company has established Capital Sukuk with a paid-in capital of EGP 10 million. The new entity is headquartered in District 5 – Marakez.

Capital Sukuk is currently assessing the issuance of Sharia-compliant sukuk to serve both affiliated and non-affiliated companies, particularly within the non-banking financial sector. The company also aims to support real estate developers by providing sukuk solutions tailored to their operational and liquidity needs.

This step is part of GB Capital’s strategic direction to diversify its financing tools and reinforce its position in the financial services market. The license is expected to expand the company's offerings and provide additional Islamic financing solutions to a broader client base.

GB Capital owns 99% of Capital for Sukuk, underscoring its commitment to enhancing its investment and financing platform through innovative and compliant financial instruments.