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Faisal Islamic Bank gets CBE nod to buy 11.2% stake in Smart Cards Applications

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 53m3h
Faisal Islamic Bank’s standalone profits fall 70.2% YoY in 9 months

Faisal 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 AM
Faisal Islamic Bank, Remco unveil EGP 914.5M land sale in Nasr City

Faisal 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
EGX approves Faisal Islamic Bank capital increase to $637.8M

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 drop 78.6% YoY in H1 2025

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 profits drop 78.9% YoY in H1 2025

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’s business volume up 9.2% YoY end-April

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 AM
Faisal Islamic Bank sees 87.1% YoY lower standalone profits in Q1 2025

Faisal 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 records 181% leap in 2024 consolidated profits

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’s standalone profits hike 189.4% YoY in 2024

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 AM
Faisal Islamic Bank Egypt posts 139.5% profit growth in 9 months

Faisal 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's business inch up 1.1% YoY in August

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 jump 136% YoY in H1 2024

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 AM
Faisal Islamic Bank's business volume up 29% YoY in July

Faisal 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's business volume up 27.5% YoY in June

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 profits soar 143% YoY in H1 2024

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 AM
Faisal Islamic Bank's business volume rise 31% YoY in April

Faisal 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 reports 180.6% YoY consolidated profit surge in Q1

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 profits surge 179% YoY in Q1

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's business volume up 5.8% YoY in February

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