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Faisal Islamic Bank Of Egypt S.A.E. (Egypt)

Main Activities: Commercial Banking
Full name: Faisal Islamic Bank Of Egypt S.A.E. Profile Updated: March 12, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Faisal Islamic Bank of Egypt was established in 1977, but officially started operations in 1979. Its headquarters are in Cairo. It offers financial and banking solutions in compliance with Islamic Sharia law, which prohibits the payment and receipt of interest. Such solutions include accounts in foreign and local currency and financing services on the basis of the Islamic contracts of Musharaka, Mudaraba and Murabaha. Faisal bank is the first Islamic bank in Egypt. It has a network of 33 branches in all major cities of Egypt.

Headquarters
3, 26Th July St., P.O.Box 2446-283
Cairo; Greater Cairo; Postal Code: 11531

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Website: http://www.faisalbank.com.eg

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1979
Key Executives
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Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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5.75%
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2.19%
Subsidiaries
Faisal Financial Investments Co
99.99%
Faisal Securities Brokerage Co.
79.9%
Faisal Bank Foreign Exchange
79%
Company Performance
Financial values in the chart are available after Faisal Islamic Bank Of Egypt S.A.E. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency EGP. Absolute financial data is included in the purchased report.
Net interest income
34.57%
Operating profit (EBIT)
12.45%
Net Profit (Loss) for the Period
-6.89%
Total assets
17%
Total equity
13.97%
Total Assets Trend
0.87%
Net Interest Income Trend
22.99%

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