October 19, 2021

Faisal Islamic Bank Egypt reports 27.2% standalone profit growth in 9 months


ArabFinance: Faisal Islamic Bank of Egypt (FAIT) reported a 27.2% year-on-year increase in standalone net profit for the first nine months of 2021, according to the bank’s preliminary financial results filed to the Egyptian Exchange (EGX).

The bank’s standalone net profit after tax stood at EGP 1.68 billion in the January-September period of 2021, up from EGP 1.32 billion in the prior-year period.

It is worth noting that the bank achieved a standalone net profit of EGP 1.015 billion in H1 2021, up from profits of EGP 791.63 million in the prior-year period.

Faisal Islamic Bank of Egypt is a financial institution that offers banking and investment services in accordance with Islamic Sharia principles through its head office and 27 branches located across the country.

arabfinance


Categories : islamic finance

Finance & Economy

Abu Qir Fertilizers’ offering on EGX to be promoted online

2021-11-30 07:00:00

ArabFinance: The team responsible for Abu Qir Fertilizers nd Chemicals Industries Company’s (ABUK) offering on the Egyptian"...
Read More

IATF 2021 generates $42.1bn trade, inves...
November 30, 2021
Mohandes Insurance unveils dividends&rsq...
November 30, 2021

Latest News



islamic finance

Faisal Islamic Bank Egypt reports 27.2% ...
October 19, 2021
ADIB Egypt sees EGP 11.6M block-trading ...
October 10, 2021
Egypt launches $2bln sustainable term lo...
October 9, 2021