Cairo – Mubasher: Faisal Islamic Bank of Egypt reported an increase of 3.9% in net profits by the end of June 2016.

The Islamic lender saw net profits of EGP 58.68 million by the end of June 2016, compared with EGP 56.45 million by the end of the similar period of the previous year.

The lender’s assets grew 4% for the period ended June 2016 to EGP 57.7 million, compared with EGP 55.47 million for the similar period of the previous year.