In opening remarks at the fourth annual Education Investment Summit, the Egypt Financial Regulatory Authority’s deputy chair, Islam Azzam, set out how the non-banking financial sector under the Authority’s supervision can finance and de-risk investment in education, pointing to insurance coverage for students and institutions alongside capital-markets options such as listings, securitisation bonds and sukuk. He highlighted the government insurance fund for school and Al-Azhar students, which provides cover against death (accidental or natural) and bodily injuries leading to total or partial disability, and noted ongoing work to issue and update rules for specialised insurance products, including education insurance for families, student health insurance and cover for educational institutions. On funding, Azzam cited three future cash flow securitisations for educational institutions issued between 2022 and 2024 with a total value of about EGP 2bn, and referenced recently updated accounting standards that help companies revalue assets at market value. He also pointed to financial leasing for buildings, equipment and student transport with repayment periods of three to five years, and consumer finance products that enable students to pay tuition and purchase learning materials.