Faisal Islamic Bank of Egypt has obtained the Central Bank of Egypt's (CBE) approval to fully purchase the stake held by the Technology Development Fund in Smart Cards Applications Co.
Updated 53m3hFaisal Islamic Bank posted a 70.2% year-on-year (YoY) decrease in unconsolidated net profits for the first nine months of 2025,
Updated 10/12/2025 11:31:00 AMFaisal Islamic Bank agreed with Remco Tourism Villages Construction Company to sell a 17,907-square-meter land plot in Nasr City for EGP 914.5 million.
Updated 10/7/2025 10:12:00 AM
The Egyptian Exchange (EGX) Listing Committee approved the listing of Faisal Islamic Bank of Egypt’s capital increase, as per a disclosure.
Updated 9/17/2025 9:36:00 AM
Faisal Islamic Bank’s consolidated net profits after tax and non-controlling interest plunged by 78.59% year on year (YoY) in the first half (H1) of 2025 to EGP 1.489 billion, compared to EGP 6.957 billion.
Updated 9/14/2025 9:29:00 AM
Faisal Islamic Bank’s standalone net profits after tax rose 78.9% year on year (YoY) in the first half (H1) of 2025 to EGP 1.382 billion, compared to EGP 6.552 billion.
Updated 7/17/2025 10:12:00 AM
Faisal Islamic Bank of Egypt (FAIT) reported a 9.2% year-on-year (YoY) increase in total business volume at the end of April 2025.
Updated 5/22/2025 11:29:00 AMFaisal Islamic Bank of Egypt logged standalone net profits after tax worth EGP 772.744 million in the first quarter (Q1) of 2025
Updated 4/13/2025 10:16:00 AM
Faisal Islamic Bank of Egypt recorded 180.9% year-on-year (YoY) higher consolidated net profits after tax non-controlling interest at EGP 12.441 billion in 2024
Updated 2/27/2025 9:43:00 AM
Faisal Islamic Bank of Egypt’s (FAIT) standalone net profits after tax interest climbed 189.37% year on year (YoY) in 2024 to EGP 11.739 billion, compared to EGP 4.056 billion.
Updated 1/26/2025 10:00:00 AMFaisal Islamic Bank of Egypt (FAIT) reported a 139.5% year-on-year (YoY) surge in net profit for the first nine months of 2024.
Updated 10/13/2024 9:56:00 AM
Faisal Islamic Bank of Egypt (FAIT) reported a 1.1% year-on-year (YoY) uptick in business volume at the end of August 2024, hitting EGP 225.803 billion, compared to EGP 223.271 billion.
Updated 9/16/2024 12:47:00 PM
Faisal Islamic Bank’s consolidated net profits after tax and non-controlling interest surged by 136.4% year on year (YoY) in the first half (H1) of 2024 to EGP 6.957 billion, compared to EGP 2.943 billion.
Updated 9/1/2024 9:28:00 AMFaisal Islamic Bank of Egypt (FAIT) reported a 29% year-on-year (YoY) increase in business volume at the end of July 2024, hitting EGP 225.120 billion, compared to EGP 174.456 billion, the bank stated.
Updated 8/19/2024 9:14:00 AM
Faisal Islamic Bank of Egypt (FAIT) reported a 27.5% year-on-year (YoY) increase in business volume at the end of June 2024, hitting EGP 219.545 billion, compared to EGP 172.221 billion.
Updated 7/21/2024 9:25:00 AM
Faisal Islamic Bank’s standalone net profits after tax rose 142.5% year on year (YoY) in the first half (H1) of 2024 to EGP 6.552 billion, compared to EGP 2.702 billion.
Updated 7/16/2024 10:37:00 AMFaisal Islamic Bank of Egypt (FAIT) posted a 31.1% year-on-year (YoY) increase in business volume at the end of April 2024, recording EGP 224.663 billion, compared to EGP 171.349 billion.
Updated 5/21/2024 11:17:00 AM
Faisal Islamic Bank’s consolidated net profits after tax soared 180.6% year on year (YoY) in the first quarter (Q1) of 2024 to EGP 6.166 billion, compared to EGP 2.197 billion.
Updated 5/9/2024 9:20:00 AM
Faisal Islamic Bank’s standalone net profits after tax climbed 179% year on year (YoY) in the first quarter (Q1) of 2024 to EGP 6.002 billion, compared to EGP 2.15 billion, according to the bank's financial indicators released on April 16th.
Updated 4/16/2024 9:28:00 AM
Faisal Islamic Bank of Egypt (FAIT) posted a 5.8% year-on-year (YoY) increase in business volume at the end of February 2024.
Updated 3/26/2024 9:39:00 AM