MNT-Halan Rolls Out Egypt’s First Secured Digital Lending Solution

MNT-Halan has launched Egypt’s first secured digital lending solution provided by a non-banking financial institution, marking a step forward in the country’s financial technology landscape. The new service allows customers to access up to 80 percent of their investments in funds directly through the Halan App. Users can unlock a digital credit limit of up to EGP 500K on their Halan Card while continuing to earn returns on their portfolios. The secured facility comes with significantly lower interest rates compared with traditional credit products. Customers approved via the Halan App or at Halan booths will benefit from zero interest and no fees on Halan Card transactions for up to 45 days. The feature was described as addressing hesitancy around investing by ensuring that individuals maintain liquidity when needed, while still enabling portfolio growth. This new offering builds on MNT-Halan’s broader investment products, which include gold funds, equity opportunity funds, Sharia-compliant options and Halan Savings. All products fall under the supervision of the Egyptian Financial Regulatory Authority.