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  Laws regulating the bank's activity :    

In addition to the special law No. 48 for the year 1977 under which the bank was established and its amendments – the last of which is law No 97 of the year 1996 – the bank is registered at the Central Bank of Egypt as a commercial bank subject to the provisions of the law of the CBE and the banking system No. 88 of the year 2003. The bank is also subject to the supervision of the Central Bank of Egypt and is committed to carrying out all its instructions in addition to submitting the required monthly reports to the general administration for supervising banks.

The Central Bank also regularly inspects the bank’s activities and endorses its financial statements. Moreover, all the bank’s activities are subject to the supervision of the Religious Supervisory Board which endorses all the transactional contracts and revises all the practical implementations of such transactions. Furthermore, the external auditors carry out the audit of the bank’s accounting procedures and practices.

The bank is also a member of the following organisations and associations :
- Association of Egyptian Banks.
- Accounting & Auditing Organisation for Islamic Financial Institutions.
- General Council for Islamic Banks and Financial Institutions – Bahrain.
- Islamic Financial Services Board (IFSB) – Malaysia.

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