Faisal Islamic Bank of Egypt

Faisal Islamic Bank of Egypt (FIBE) is a Sharia-compliant commercial bank in Egypt, incorporated in 1977 and operating since 1979 as the country's first Islamic commercial bank, serving individuals, businesses, and investors.

Key capabilities include:

• Accounts, deposits, and investments: current, savings, and foreign-currency investment accounts, plus savings certificates and mutual funds
• Islamic financing: Murabaha (cost-plus financing for items such as furniture, appliances, and motorcycles), Ijara leasing, and Sharia-compliant mortgage financing
• Digital and card banking: Faisal Online internet banking, the Faisal Cash mobile wallet for transfers and bill payments, a dedicated mobile app, and debit cards with configurable limits
• Corporate, investment, and brokerage services: corporate and MSME financing, investment trustee and custodial services, and brokerage through Faisal Securities

Available on Web, Android, and iOS.

Target users include retail banking customers, businesses (with a stated focus on MSMEs), and higher-net-worth clients served through its Faisal Royal premium banking tier; the bank also offers financial inclusion accounts that require no income documentation.

Notable as Egypt's first Islamic commercial bank, founded through Saudi financier Prince Mohammed Al Faisal's banking network. FIBE reports a nationwide network of 41 branches and 539 ATMs, around 2.5 million current accounts as of 2025, and is listed on the Egyptian Exchange.