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Faysal Bank Limited (Urdu pronunciation: [ˈfɛj.səl bɛŋk] FAY-sul-BANK) is a Pakistani Islamic bank based in Karachi. [2] [3] Founded as Al-Faysal Investment Bank in 1995, it became an Islamic bank in 2023. It is named after Mohammed bin Faisal Al Saud. Over the years, Faysal Bank has been involved in multiple controversies.
Faisal Islamic Bank (Sudan) is an Islamic bank in Sudan. The bank describes itself as having "Islamic orientation" and "Sudanese features". [ 2 ] The Indian site Siasat Daily describes it as Sudan’s "largest lender", and one that as of 2016 "favours low-risk, short-term loans and quick returns".
In January 1991, MCB Bank was privatized through an auction won by a consortium of twelve industrialists. [4] At the time, Lawai was the CEO of Faysal Bank and acted as an advisor to the consortium. Following the privatization, he was appointed CEO of MCB Bank. [4] [5]
Faisal Islamic Bank of Egypt SAE is a "shariah-compliant" financial institution based in Egypt and headquartered in Cairo, with a market capitalization of $402 million as of September 2016. [ 1 ] [ 2 ] It is a joint-stock company and was incorporated in 1977 but started operating in 1979. [ 1 ]
The 2010–11 Faysal Bank T20 Cup was the seventh season of the National T20 Cup in Pakistan, sponsored by Faysal Bank.This was one of the most closely fought tournaments in Pakistani Twenty20 cricket as the previous five tournaments had ended in victory for the Sialkot Stallions, this one saw the Stallions drop out in the first round.
The merger followed Standard Chartered Bank's acquisition of Grindlays' Middle Eastern and South Asian operations from ANZ Banking Group on July 31, 2000. [ 5 ] [ 6 ] At the time of the merger, Standard Chartered was the largest foreign bank in Pakistan and operated in all four provinces, maintaining a network of 21 branches.
The New York-based bank also reported earnings per share of $1.50, up 22% year-over-year, generated a record $3.4 billion in fees, up from $3.2 billion in Q3 of last year, and had a net income of ...
The 2012–13 Faysal Bank T20 Cup was the ninth season of the Faysal Bank T20 Cup in Pakistan, which was held from 1 to 9 December 2012. The winning team received Rs 20 million as prize money while the runners-up received Rs 10 million.