The Faisal Islamic Bank of Egypt reported an 11 percent net profit increase in the first 10 months of 2003 reaching 453 million Egyptian pounds ($73.7 million) compared to the same period last year.
Based in Cairo, Faisal Islamic Bank of Egypt is involved in all banking, commercial and investment activities. It is active in economic and urbanization development projects in both Egyptian and foreign currencies, in conformity with the basic rules of Islamic Sharia. — (menareport.com)
© 2003 Mena Report (www.menareport.com)
