Arab Finance: Business results indicators revealed Faisal Islamic Islamic Bank (fait)Independent, uninterrupted for the financial period ending on 31/03/2025, achieving a net profit of 772.744 million pounds, compared to profits of 6.002 billion pounds during the comparative period of the previous fiscal year, with a change rate of 78.1%, according to Statement The Egyptian Stock Exchange.
On the indicators of business results in February 2025, explaining in Statement For the Egyptian Stock Exchange, that the results of the business at the end of February showed the achievement of a business volume of 241.278 billion pounds, compared to 178.388 billion pounds for the comparative period in February 2024, with an increase of 35.3%.
The total assets of Faisal Bank at the end of last February amounted to 238.907 billion pounds, compared to the size of assets of 175.344 billion pounds during the comparative period at the rate of 36.3%change, and the bank's royal rights witnessed a growth of 31.2%, after it rose to 27.797 billion pounds, while property rights on 28/02/2024 amounted to 21.190 billion pounds.
The bank was established in 1979, and provides banking and investment services compatible with Islamic law. The bank provides its services through three sectors: financing and investment, banking services, and investment secretaries services. The bank sets its eyes to provide the necessary financing with its various (short, medium and long) for all sectors of economic activity, while giving special attention to the productive sectors of vital importance to the national economy. The bank practices financing activities during a variety of financing and investment formulas such as financing with participation, legal speculation.
Related news
