Skip to content
More support
Contact us
  • There are no suggestions because the search field is empty.

Is GRANITE Sharia-compliant?

Currently not classified as Sharia-compliant under legal definitions.

Granite is a Money Market Account operating under the regulation and supervision of Egypt’s Financial Regulatory Authority (FRA). The product is built on a licensed money market fund that invests primarily in Treasury bills, which are government-issued debt instruments.

While this structure is considered low-risk and interest-based, Granite is not currently classified as a Sharia-compliant product under existing regulatory frameworks. We are actively exploring future product options that may align with Sharia-compliant structures.