Faisal Islamic Bank of Egypt

Faisal Islamic Bank of Egypt

Name in Arabic:
بنك فيصل الإسلامي المصري
Country: Egypt
City: Cairo
Capital: 1,000,000,000 USD
Phone: +20-19851 Email: [email protected]
Founding Date: 1977

General information

Provided by Manhom

Founded in 1977, Faisal Islamic Bank of Egypt has been a cornerstone of Egypt’s financial landscape for over four decades. As one of the country's leading Islamic banks, it has played a pivotal role in promoting Sharia-compliant banking practices while supporting the nation’s economic growth.

Operating in accordance with Islamic law, the bank has steadily expanded its services to cater to the diverse financial needs of individuals and businesses. From its inception, Faisal Islamic Bank has been committed to providing ethical and sustainable financial solutions. Its operations are guided by the principles of Islamic finance, which prohibit interest-based transactions and promote equity and social justice.

The bank's comprehensive range of services includes various Islamic financing models such as murabaha, mudaraba, and ijara. These Sharia-compliant products have enabled Faisal Islamic Bank to support a wide spectrum of economic activities, from retail banking to corporate finance.

In recent years, the bank has embraced technological advancements, introducing innovative digital banking solutions. These include online banking, mobile banking, and electronic payment systems, making banking more convenient and accessible for its customers. Faisal Islamic Bank has also been at the forefront of developing Islamic financial products tailored to the evolving needs of the Egyptian market.

With a strong commitment to corporate social responsibility, Faisal Islamic Bank has been actively involved in various community development initiatives. By supporting education, healthcare, and other social causes, the bank has solidified its reputation as a responsible corporate citizen.

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الـ500 الكبار

The list ranks the 500 largest companies in the Arab world in terms of revenue.

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