Bedaya Mortgage Finance

What Bedaya Mortgage Finance does

Bedaya Mortgage Finance Co. is Egypt's first non-bank mortgage provider, licensed by the Financial Regulatory Authority under License No. 6 dated 10/09/2007. The company was originally established in 2007 by Talaat Moustafa Group and reconstituted in 2019 as an equal one-third joint venture between TMG (Egypt's leading premium real estate developer), EFG Hermes Finance (the NBFI arm of EFG Hermes Holding), and GB Capital (the NBFI arm of GB Auto). Bedaya offers two core financing products — conventional Mortgage Finance and Sharia-compliant Ijarah (lease-to-own) — covering residential, commercial, and administrative properties, with financing up to 80% of property value, tenors up to seven years, and ticket sizes from EGP 1 million up to EGP 130 million for commercial properties.

The company operates a digital-first platform comprising a web application and Egypt's first non-bank mortgage finance mobile application (launched July 2021), offering online mortgage calculators, document upload, fee payment, and a 24-hour initial approval process. Its technology stack integrates with payment partners Valu, Kaf, and PayTabs, and supports both fixed and floating interest rate structures tied to the CBE corridor rate. Bedaya extends operations into Egyptian New Urban Communities including Sheikh Zayed, 6th of October, 5th Settlement, and New Cairo, with origination channeled partly through TMG's developer network.

Bedaya's business model rests on interest and rental income from originated mortgage and Ijarah receivables, supplemented by transaction and fee income (application, appraisal, legal, admin, I-Score, early settlement). Capital scaling is driven by a recurring securitization program — Bedaya has completed seven mortgage-backed bond issuances advised by EFG Hermes, with the first being Egypt's first-ever securitization by a real estate mortgage company (EGP 651.2 million in June 2022), and most recent issuances of EGP 1.78 billion (December 2024) and EGP 1.56 billion (September 2025). The company employs 11-50 staff and is headquartered in Sheikh Zayed, Giza.

Name

Bedaya Mortgage Finance

Legal name

Bedaya Mortgage Finance Co.

Website

https://www.bedayamortgage.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

Bedaya Mortgage Finance is Egypt's first non-bank mortgage provider, offering digital mortgage financing and Sharia-compliant Ijarah for residential, commercial, and administrative properties via web and mobile platforms, operating as a JV between TMG, EFG Hermes, and GB Capital.

Ownership category

akta.pro rank

Product category

Consumer Mortgage Finance

NAICS

Mortgage and Nonmortgage Loan Brokers (52231), Mortgage and Nonmortgage Loan Brokers (522310)

SIC

Mortgage Bankers & Loan Correspondents (6162), Asset-Backed Securities (6189)

akta.pro primary industry

Government-Insured Mortgage Origination (FHA/VA/USDA) (FSALAAAI)

akta.pro secondary industries

Shariah-compliant Financing Products (Murabaha, Ijara, Tawarruq, Istisna, Salam) (FSABAGAH), Commercial/Non-Residential Construction-to-Perm Financing (FSALAHAE)

Keywords

• Mortgage financing
• Islamic finance
• Non-bank lending
• Residential property loans
• Digital mortgage platform

Headquarters

HQ city

Gîza

HQ country

Egypt

HQ region

Africa

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Mortgage Financing Interest Income: Bedaya generates revenue through interest-bearing mortgage loans for residential, commercial, and administrative properties. Customers finance up to 80% of property value with repayment periods up to 7 years, paying interest (fixed or floating rates) plus principal.
2. Ijarah (Islamic Financing): Islamic finance product providing financing for new units up to 80% of property value and cash back up to 70% of property value for residential, commercial, and administrative units.
3. Securitization Program: Bedaya issues mortgage-backed securitization bonds to raise capital from investors. The company has completed multiple issuances (first in 2022 for EGP 651.2M, fifth for EGP 1.78B, seventh for EGP 1.56B) as part of broader securitization programs.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Bedaya Mortgage Finance is Egypt's first non-bank mortgage provider, offering digital mortgage financing facilities for the purchase of residential, commercial, and administrative properties. The company provides conventional Mortgage Finance and Ijarah (Islamic lease-to-own) products, financing up to 80% of property value with terms up to 7 years, delivered through a digital platform and Egypt's first non-bank mortgage finance mobile application. Supporting services include an online mortgage calculator, document upload, digital fee payment, and access to approved real estate project listings.

Product overview

Bedaya Mortgage Finance operates as a digital mortgage financing platform offering two core products: Mortgage Finance and Ijarah (lease-to-own). The Mortgage Finance product provides financing up to 80% of property value for residential, commercial, and administrative units with terms up to 7 years. The Ijarah product offers similar financing with additional cash-back options up to 70% of property value. Supporting these products is an online mortgage platform and mobile application (Egypt's first non-bank mortgage finance app) that enables users to calculate costs, upload documents, pay fees, and access approved real estate projects. The company also provides a mortgage calculator tool for loan amount estimation based on property value or income.

Differentiator

Problem solved

Functional benefit

Products and services

• Mortgage Finance Conventional mortgage financing product enabling clients to purchase residential, commercial, and administrative properties in Egypt. Financing up to 80% of property value with terms up to 7 years, minimum finance of EGP 1 million, and maximums of EGP 65 million (residential) or EGP 130 million (commercial/administrative). Loan installment cannot exceed 50% of net monthly income, and first-degree relative income can be included to expand eligibility.
• Ijarah (Lease-to-Own) Islamic finance product providing Sharia-compliant purchase or refinancing of residential, commercial, and administrative units with financing up to 80% of property value for new units and cash back up to 70% of property value. Terms up to 7 years, minimum finance EGP 1 million, maximum EGP 65 million residential and EGP 130 million commercial/administrative.
• Mortgage Calculator Standalone online tool allowing users to calculate loan amounts based on property value, income, or loan amount. Includes property license validation, fixed or floating interest rate selection, down payment adjustment, installment frequency options (monthly, step-up, bullet), and admin fee calculation.
• Online Mortgage Platform Digital mortgage platform providing seamless mortgage financing solutions with fastest turnaround time in the market. Enables clients to apply for mortgage offerings, upload documents, pay fees, and access a list of approved real estate projects online.
• Mobile Application Egypt's first non-bank mortgage finance mobile application, providing instant access to mortgage finance services. Users can calculate costs, upload documents, pay fees, and browse approved real estate projects from desktops, tablets, and mobile devices.

Quantifiable outcome

• 24-hour initial approval time
• +3 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature3 records

Partnerships

Three partnerships are on record, tiered minor.

• Middle East Ratings and Investor Services (MERIS)minorOthersActed as the credit rating agency for Bedaya's first securitization issuance, providing credit ratings for the bond tranches.
• Dreny and PartnersminorImplementation/ SI/ Consulting PartnerLegal advisor for Bedaya's first securitization issuance.
• KPMGminorImplementation/ SI/ Consulting PartnerAuditor for Bedaya's first securitization issuance.

Scale indicators9 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Contact Mortgage Finance: One of Egypt's largest non-bank mortgage finance companies, regulated by the FRA. Directly competes with Bedaya in originating residential and commercial mortgages for Egyptian consumers and operates a similar multi-product, multi-partner model.
• Al Ahly Mortgage Finance (AMF): Egyptian non-bank mortgage finance subsidiary backed by National Bank of Egypt. Competes head-to-head with Bedaya in residential and commercial mortgage origination with similar FRA oversight and product scope.
• National Housing Finance Company (Egypt): Egyptian state-linked mortgage provider focused on low- and middle-income housing finance. Comparable to Bedaya in operating model and Egyptian mortgage market, though focused on subsidized/housing-program segments.

Broad incumbents

• Egyptian Mortgage Refinance Company (EMRC): Government-backed entity that provides liquidity to Egyptian mortgage lenders and helps develop the secondary mortgage market. Comparable to Bedaya because Bedaya's securitization program relies on and competes with EMRC's refinancing role.
• Al Rajhi Bank (Saudi Arabia): Largest Islamic bank globally with a sizable Saudi mortgage finance business. Comparable to Bedaya for Islamic/Shariah-compliant home financing, though at much greater scale and within a different mortgage market.
• Commercial International Bank (CIB) Egypt — Mortgage Division: Egypt's largest private-sector bank, with a growing retail mortgage book. A relevant broad incumbent competitor against which Bedaya positions itself as a faster, digital-only non-bank alternative.
• Banque Misr: One of Egypt's largest state-owned banks with a substantial mortgage portfolio. Competes with Bedaya in residential and commercial property financing and is a key reference point for Egyptian mortgage market sizing.

Emerging players

• Sarwa Capital: Egyptian consumer and structured finance company that has issued multiple securitizations. Comparable to Bedaya as a non-bank Egyptian financier using securitization as a core funding tool, though with a broader consumer credit focus.

Regional players

• AMlak Finance (UAE): Dubai-based Islamic mortgage finance provider offering Shariah-compliant home finance. Directly comparable to Bedaya's Ijarah product in product design, though operating in the UAE rather than Egypt.

Others

• Talaat Moustafa Group Holding (TMG): Egypt's leading developer of master-planned communities and a one-third owner of Bedaya. Relevant peer/ecosystem link because TMG projects feed Bedaya's origination pipeline and illustrate Bedaya's vertical integration versus standalone mortgage lenders.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/bedaya-mortgage-finance-co

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds6 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bedaya Mortgage Finance