Faisal Islamic Bank of Egypt 

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General information
  • Company type

    Multinational
  • Industries

    Banking/Finance
  • Company size

    1,001–5,000 employees
  • Country

    Egypt
Company overview

Faisal Islamic Bank of Egypt is the first Egyptian Islamic and commercial bank.

Faisal Islamic Bank of Egypt is the first Egyptian Islamic and commercial bank. It was incorporated under law no. 48 of the year 1977 and its amendments to perform all banking, financial, commercial, and investment activities, as well as establishing and participation in industrial, economic development and urbanization projects inside and outside Egypt, subject to the Bank’s articles of association.
The Bank has officially started its operations on 5 July 1979, but in fact, the beginning was more than five years before that date, when the Bank’s founders agreed to establish a bank in Egypt operating in conformity with the Islamic Sharia to serve as a model for Islamic banking all over the world.

Vision

To be the best bank in providing Islamic services and products to our customers and correspondents, as well as achieving a positive and sustainable development in the Bank’s position on regional and international levels.

Mission

To be a leading bank in Islamic banking activities in Egypt in order to be the first choice for our customers and to bring major benefits to all related parties, with full commitment to venerable Islamic sharia principles and banking regulations”.

Slogan

Leader in Islamic Banking in Egypt.

FIBE Values

  • Customer First: customer is our priority and their satisfaction is our goal, putting the customer’s needs before anything else. Our way to do this is by understanding their needs and meeting all their expectations.
  • Islamic Banking: to comply fully with Islamic sharia principles that govern FIBE’s Islamic banking activities.
  • Excellence and Superiority: to be excellent in all activities is our standard; we are committed to improve our banking services and provide excellent, efficient and first-class services to our customers.
  • Shareholders: to reap competitive, stable and growing dividends on shareholders’ investments in order to achieve long-term stability and growth, resulting in an increase of the Bank’s economic value.
  • Job Satisfaction for Employees: achieving a perfect harmony between employees of different administrative levels and providing them with all means which increase their abilities and team efficiency to meet the work requirements, and providing them with effective and fair system for salaries, bonuses and promotion opportunities in order to achieve a high level of job satisfaction.
  • Social Responsibility: to participate in moving the national economy forward by investing in vital projects in different sectors, improving economic and social conditions and reducing the unemployment rates, as well as improving standards of living and redistributing the wealth under the Bank’s social responsibility.
  • Sustainability : The bank believes in the importance of achieving its goals in accordance with sustainable development principles by fully respecting governance standards and social criteria, implementing environmentally friendly practices, and utilizing the latest available financial technology.

Location
Egypt
Dokki, Giza
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