Arab Finance: Declare Faisal Islamic Islamic Bank (fait)On the results of his work during the period from 01/01/2024 to 12/31/2024, which showed a net profit achievement Independent It amounted to 11.739 billion pounds, compared to the bank’s achievement for a net profit of 4.056 billion pounds during the period from 01/01/2023 to 12/31/2023.
On the indicators of business results at the end of 2024, explaining in Statement For the Egyptian Stock Exchange, that the results of the business at the end of October showed the achievement of a business volume of 232.135 billion pounds, compared to 223.565 billion pounds for the comparative period in October 2023, with an increase of 3.8%.
The total assets of Faisal Bank at the end of last October amounted to 229.586 billion pounds, compared to the size of assets of 219.531 billion pounds during the comparative period at the rate of change of 4.6%, and the bank's royal rights witnessed a growth of 48.1%, after it rose to 36.147 billion pounds, while the rights of Ownership on 10/31/2023 amounting to 24.413 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
