Arab Finance: Faisal Islamic Bank posted a 203.5% year-on-year (YoY) increase in standalone net profits for the first nine months of 2026, according to the financial statements.
Standalone profits reached EGP 7.496 billion in the January-September period, up from EGP 2.470 billion in the year-ago period.
Total revenues climbed by 27.2% to EGP 24.995 billion at the end of September 2026 from EGP 19.644 billion.
Faisal Islamic Bank of Egypt is the first Egyptian Islamic and commercial bank. The bank’s services are divided into three categories: finance and investment, banking services, and investment trustee services. Its financing activities in the local market are being conducted through a variety of Sharia-compliant models, including Musharaka, Mudaraba, Murabaha, and Ijara.
