ISLAMIC FINANCE
05 Aug 2020
MFAI Jersey Limited raises stake in Faisal Islamic Bank
ArabFinance: Faisal Islamic Bank of Egypt (FAITA) stated that MFAI Jersey Limited raised its stake in the bank capital from 6.25% to 6.9%, according to the company's August 4th statement filed to the Egyptian Exchange.
MFAI"...
Continue Reading28 Jul 2020
Assiut Islamic National H1 profit increases
ArabFinance: Assiut Islamic National Ytrade and Development reported a slight Year on Year increase in its net profit in the first half (H1) of 2020, according to the company's July 27th financial statements filed to the Egyptian Exchange.
Net"...
Continue Reading07 Jul 2020
Cooperation bet. Egypt, Islamic Development Bank hits $12.8B
CAIRO – 6 July 2020: Cooperation between Egypt and the Islamic Development Bank Group recorded $12.8 billion through 338 projects, Minister of Trade and Industry Nevine Gamea said Monday.
This"...
Continue Reading02 Mar 2020
Faisal Islamic Bank posts 1.17B personal loans by 2019 end
Faisal Islamic Bank of Egypt posts personal loans of 1.17 billion Egyptian billion pounds by the end of 2019 compared to 1.168 billion pounds by the end of 2018.
The Islamic lender’s vehicle loans recorded"...
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