Faisal Islamic Bank of Egypt (EGX: FAIT)
Egypt flag Egypt · Delayed Price · Currency is EGP
31.30
+0.37 (1.20%)
At close: Sep 12, 2024

FAIT Company Description

Faisal Islamic Bank of Egypt provides retail and corporate banking services in Egypt and internationally.

It offers current and investment accounts, joint accounts, and investment account for minors; saving certificates; and mutual funds.

The company also conducts its funding financing activities through various financing models, including Musharaka, Legitimate Mudaraba, Murabaha and Salam sale, Ijara services, and Istissnaa.

In addition, it is involved in the short, medium, and long-term foreign investment activities; and provision of Islamic banking services.

Further, the company offers Internet banking services, debit cards, letters of credit and guarantee, securities, and mortgage finance services, as well as investment trustee services; and other services, such as collection of cheques and bills, paying invoices on behalf of the clients, renting locker safes, and internal and external transfer services.

Faisal Islamic Bank of Egypt was founded in 1979 and is headquartered in Cairo, Egypt.

Faisal Islamic Bank of Egypt
Country Egypt
Founded 1979
Industry Commercial Banks
Employees 1,700
CEO Abdelhamid Aboumoussa

Contact Details

Address:
3, 26th July Street
Cairo, 11531
Egypt
Phone 20 2 27868723
Website faisalbank.com.eg

Stock Details

Ticker Symbol FAIT
Exchange Egyptian Stock Exchange
Fiscal Year January - December
Reporting Currency EGP
SIC Code 6020

Key Executives

Name Position
Abdelhamid Aboumoussa Chief Executive Officer
Ibrahim Abdel Hamid Head of Investor Relations