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Islamic Sharia-Compliant Bank Accounts Now Available in Egypt

Egypt’s New Monthly income Program: Details & eligibility

For ⁤a one-time payment of 1000 Egyptian Pounds, Egyptians ⁤can now participate ⁣in a program designed to generate a monthly ‌income. This initiative, launched in January ​2026, aims to provide a financial boost to citizens through a profit-sharing system linked to specific investment opportunities.

How it Works

The program centers ⁣around investing the 1000 EGP into a designated fund.⁣ this fund then participates in profitable ⁤ventures – currently focused⁢ on renewable energy projects, specifically ‌solar power farms ⁤in the Sinai peninsula ⁣(as of January 24,‌ 2026). Profits generated from these investments are‍ distributed monthly‌ to participants, proportionate to‌ thier initial contribution.

Expected Returns

while returns aren’t guaranteed, initial projections (as of January 24, 2026) estimate a monthly income ranging from 60⁣ to 120 ⁣Egyptian Pounds per participant. ‍ These figures are based on current energy market prices and the performance of the pilot solar⁣ projects. The Ministry of Finance has cautioned that returns can fluctuate based ⁤on market conditions and ‌project success.

Eligibility Requirements

  • Must be an Egyptian citizen.
  • Must be 18 years of age or older.
  • Possess a valid national ID card.
  • Can only participate once.

How to Apply

Applications⁤ are being accepted online through the official government portal: https://www.egov.eg/services/income-program. ‌ Registration requires submitting a copy of your national ID and completing‍ a short online form. Alternatively, registration is ​available at designated‍ post offices⁤ nationwide. A list of participating post offices can be found here: https://www.egyptpost.gov.eg/participating-locations.

Vital Considerations

The program is​ funded through a combination ⁤of government subsidies and private investment. The​ Ministry of Finance‌ emphasizes that ‌this is not a‌ guaranteed income, and ​participants should view it as a long-term investment possibility. Full terms and conditions, including risk disclosures, are available on the official program ‌website: https://www.egov.eg/income-program-terms.

Last⁢ Updated: January 24, 2026

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