Faisal Islamic Bank of Egypt News - Mubasher Info
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26 December 02:15 PM

Faisal Islamic Bank of Egypt (FAIT)

Last update: 25 December 02:10 PM market time.
31.51
-0.12
-0.38%
Open 31.63
Previous Close 31.63
High 31.90
Low 31.35
Stock Statistics
Volume 75,196
Turnover 2,367,981.75
All data are 15 minutes late during market session

News

Photo Archive
27 November 01:08 PM Faisal Islamic Bank of Egypt acquires STDF’s full stake in Smart Digital Services
Cairo - Mubasher: The Central Bank of Egypt (CBE) approved for Faisal Islamic Bank of Egypt to purchase the full equity held by the Science and Technology Development Fund in SMART Cards Application Company (Smart Digital Services) for EGP …
Corporate Actions
Photo Archive
26 November 12:55 PM Faisal Islamic Bank of Egypt registers 70% drop in 9M-25 consolidated net profits
Cairo - Mubasher: Faisal Islamic Bank of Egypt recorded consolidated net profits after tax of EGP 2.72 billion in the first nine months (9M) of 2025, marking a 69.70% year-on-year (YoY) plunge from EGP 8.98 billion. The earnings per share (EPS) …
Banking and Finance
Photo Archive
18 July 2024 01:32 PM Faisal Islamic Bank of Egypt posts 142% YoY higher standalone profit in H1-24
Cairo – Mubasher: The unconsolidated net profit of Faisal Islamic Bank of Egypt leapt by 142.50% year-on-year (YoY) to EGP 6.55 billion in the first half (H1) of 2024 from EGP 2.70 billion. Total revenues jumped by 68.10% YoY to EGP 16.34 billion …
Banking and Finance
Photo Archive
9 May 2024 00:12 PM Faisal Islamic Bank's consolidated profit leaps 181% YoY in Q1-24
Cairo – Mubasher: The consolidated net profit of Faisal Islamic Bank of Egypt jumped 180.60% year-on-year (YoY) to EGP 6.16 billion in the first quarter (Q1) of 2024 from EGP 2.19 billion. Revenues soared 78.80% YoY to EGP 11.66 billion in Q1-24 …
Banking and Finance
Photo Archive
16 April 2024 11:22 AM Faisal Islamic Bank of Egypt’s standalone profit soars 180% YoY in Q1-24
Cairo – Mubasher: Faisal Islamic Bank of Egypt reported a 179.80% year-on-year (YoY) surge in the standalone net profit to EGP 6 billion during the first quarter (Q1) of 2024 from EGP 2.14 billion in the similar quarter a year earlier. Total …
Banking and Finance
Photo Archive
4 March 2024 04:18 PM Faisal Islamic Bank of Egypt records 7% YoY lower consolidated profit in 2023
Cairo – Mubasher: The consolidated net profits of Faisal Islamic Bank of Egypt declined by 6.90% year-on-year (YoY) to EGP 4.42 billion in 2023 from EGP 4.75 billion. The bank’s revenues surged 26.50% YoY to EGP 23.35 billion last year from EGP …
Banking and Finance
Photo Archive
16 October 2022 01:53 PM Faisal Islamic Bank sees 36.3% higher standalone profits by September-end
Cairo – Mubasher: The unaudited standalone net profits of Faisal Islamic Bank of Egypt increased by 36.30% year-on-year (YoY) by the end of September 2022 to stand at EGP 2.29 billion, compared to EGP 1.68 billion. Basic earnings per share (EPS) …
Banking and Finance
The bank's net interest income increased to EGP 2.7 billion
29 August 2021 05:51 PM Faisal Islamic Bank's profit grows 33% in H1-21
Cairo – Mubasher: Faisal Islamic Bank of Egypt reported consolidated net profits of EGP 1.097 billion in the first half (H1) of 2021, up by 32.8% year-on-year (YoY) from EGP 826.556 million, including minority shareholders' rights. The bank's net …
Banking and Finance
Current accounts and savings schemes rose to EGP 103.737 billion
18 July 2021 10:43 AM Faisal Islamic Bank's business volume advances 12.7% YoY in June
Cairo - Mubasher: Faisal Islamic Bank of Egypt's business volume grew by 12.7% year-on-year (YoY) to EGP 124.576 billion at the end of June from EGP 110.558 billion, the bank’s financial indicators showed. The bank’s assets increased by 15% to EGP …
Banking and Finance
The bank’s assets grew by 12.3% to EGP 117 billion in February
16 March 2021 03:59 PM Faisal Islamic Bank’s business volume rises 11% YoY in February
Cairo – Mubasher: Faisal Islamic Bank of Egypt saw its business volume growing by 11.3% year-on-year (YoY) to EGP 119.38 billion by the end of February from EGP 107.28 billion, the bank’s financial indicators showed. The bank’s assets rose by …
Banking and Finance
Assets increased to EGP 111.89 billion at the end of October
17 November 2020 11:01 AM Faisal Islamic Bank's business volume rises to EGP 115.8bn by October-end
Cairo – Mubasher: Faisal Islamic Bank of Egypt registered a 14.2% year-on-year (YoY) growth in its business volume, recording EGP 115.83 billion at the end of last October, compared to EGP 101.45 billion, the bank’s financial indicators showed. …
Banking and Finance
Current accounts and savings schemes rose to EGP 93.88 billion
25 October 2020 11:45 AM Faisal Islamic Bank's business volume grows to EGP 115bn in September
Cairo – Mubasher: Faisal Islamic Bank of Egypt recorded a 10.66% year-on-year (YoY) growth in its business volume, registering EGP 114.68 billion at the end of last September, compared to EGP 103.62 billion, the bank’s financial indicators showed. …
Banking and Finance
Faisal Islamic Bank of Egypt
19 October 2020 10:59 AM Ithmaar Bank's holding in Faisal Islamic Bank stands at 14%
Cairo – Mubasher: Faisal Islamic Bank of Egypt said that the Central Bank of Egypt (CBE) approved the acquisition of the shares of Faysal Investment Bank of Bahrain by Ithmaar Bank. With this transaction, Ithmaar Bank’s holding in Faisal Islamic …
Central Banks
The bank’s revenues decreased to EGP 6.89 billion
18 October 2020 00:01 PM Faisal Islamic Bank's standalone profit drops 36% in nine months
Cairo – Mubasher: The unaudited standalone financial results of Faisal Islamic Bank of Egypt reported net profits of EGP 1.3 billion during the first nine months of 2020, down by 35.7% year-on-year (YoY) from EGP 2.05 billion. The bank’s revenues …
Banking and Finance
The bank's assets reached around EGP 109.7bn
15 September 2020 02:10 PM Faisal Islamic Bank records 9% higher business volume in August 2020
Cairo – Mubasher: Faisal Islamic Bank of Egypt's business volume grew by 9.3% year-on-year (YoY) to  EGP 112.75 billion by the end of August 2020, compared to around EGP 103.14 billion in the same period of 2019. The bank's assets reached around …
Financial Results
Net interest income declined to EGP 2.02 billion
31 August 2020 11:40 AM Faisal Islamic Bank's profit slides 39% in H1-20
Cairo – Mubasher: Faisal Islamic Bank of Egypt generated EGP 826.55 million in consolidated net profits during the first half (H1) of 2020, down by 38.8% year-on-year (YoY) from EGP 1.35 billion. The lender’s net interest income declined to EGP …
Banking and Finance
The bank’s revenues fell to EGP 2.63 billion
19 July 2020 11:31 AM Faisal Islamic Bank's profit down 54% in Q1-20
Cairo – Mubasher: The consolidated financial results of Faisal Islamic Bank of Egypt showed a 53.6% year-on-year (YoY) drop in its net profits to EGP 483.53 million in the first quarter (Q1) of 2020 from EGP 1.043 billion. Meanwhile, the bank’s …
Financial Results
Current accounts and savings schemes grew to EGP 89.465 billion
11 June 2020 04:58 PM Faisal Islamic Bank's business volume grows 13% in May
Cairo – Mubasher: Faisal Islamic Bank of Egypt saw its business volume rising by 12.9% year-on-year (YoY) to EGP 110.46 billion at the end of May from EGP 97.823 billion, the bank’s financial indicators showed. The Islamic lender’s assets …
Banking and Finance
The company’s issued capital will be raised by $66.02 million
31 May 2020 04:55 PM Faisal Islamic Bank gets FRA's approval for capital raise
Cairo – Mubasher: The Egyptian Financial Regulatory Authority (FRA) approved a request from Faisal Islamic Bank of Egypt to publish the disclosure form to proceed with its capital increase procedures.   The disclosure form included the board of …
Banking and Finance
The bank’s assets grew to EGP 104.18 billion
19 May 2020 11:46 AM Faisal Islamic Bank’s business volume rises 14.5% in April
Cairo – Mubasher: Faisal Islamic Bank of Egypt saw its business volume growing by 14.5% year-on-year (YoY) by the end of April to EGP 109.6 billion from EGP 95.75 billion, the bank’s financial indicators showed. The bank’s assets grew to EGP …
Banking and Finance
The nine-year loan has a repayment period of seven years
6 May 2020 00:25 PM Four banks provide EUR 30m loan to MIDELEC
Cairo – Mubasher: The National Bank of Egypt (NBE) is leading a banking consortium together with Credit Agricole Egypt with the participation of Faisal Islamic Bank of Egypt, and Suez Canal Bank to arrange a long-term syndicated loan worth EUR 30 …
Banking and Finance
The bank’s net interest income rose to EGP 4.4 billion
3 May 2020 11:13 AM Faisal Islamic Bank logs EGP 2.78bn consolidated profit in 2019
Cairo – Mubasher: The consolidated financial statements of Faisal Islamic Bank of Egypt showed an 8.6% year-on-year (YoY) increase in its net profits during 2019. The Islamic lender achieved net profits of EGP 2.78 billion last year, up from EGP …
Financial Results
Revenues tumbled to EGP 2.147 billion
16 April 2020 05:49 PM Faisal Islamic Bank’s Q1-20 initial standalone results show 55% profit drop
Cairo – Mubasher: The standalone financial indicators of Faisal Islamic Bank of Egypt showed a 55% year-on-year (YoY) decline in its net profits during the first quarter of 2020. The bank’s net profits dwindled to EGP 469 million in the …
Banking and Finance
The bank reported net profits of EGP 2.71 billion in 2019
30 March 2020 00:35 PM Faisal Islamic Bank approves $66m capital raise via bonus issue
Cairo – Mubasher: The board of directors of Faisal Islamic Bank of Egypt approved a disclosure form to proceed in its capital raise procedures. The board decided to increase its issued and paid-up capital by $66.02 million to $506.2 million from …
Corporate Actions
Shareholders decided to increase the issued and paid-up capital by 15%
29 March 2020 00:09 PM Faisal Islamic Bank approves dividends for 2019, capital raise
Cairo – Mubasher: The ordinary general meeting (OGM) of Faisal Islamic Bank of Egypt approved the proposed cash dividend distribution for 2019. The bank’s shareholders agreed to distribute $0.08 per share denominated in US dollar after zakat …
Cash Dividends