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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 ]
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".
Mohammed bin Faisal was the winner of the 2007 IDB Prize in Islamic Banking and Finance which is awarded by Islamic Research and Training Institute of the Islamic Development Bank. [49] He was among the 500 influential Muslims list developed by Georgetown University's center for Muslim-Christian understanding in 2009. [50]
In 2002, the Islamic investment bank merged with the conventional bank, resulting in the loss of its Shariah-compliant status. [4] This decision was driven by management choices rather than shareholder demands and led to a significant decline in deposits, from Rs31.9 billion in 2001 to Rs24 billion by the end of 2002, representing a 23 percent drop. [4]
The bank itself that among its five "main founders" and principal shareholders is another Khartoum bank, the Faisal Islamic Bank of Sudan. According to public records, 19 percent of the Faisal Islamic Bank is owned by the Dar Al-Maal Al-Islami Trust, or simply DMI Trust, also headed by Prince Faisal. The $3.5 billion DMI Trust, whose slogan is ...
Taawen Islamic Bank; Industrial Union Investment Bank; Investment Bank of Iraq; Iraqi Middle East Investment Bank; Islamic Bank; Mosul Bank; National Bank of Iraq; North Bank; Sumer Bank; Union Bank of Iraq; Bank Audi ِWorld Islamic Bank ِElaf Islamic Bank; United Investment Bank; Al Janoob Islamic Bank; T.C. Ziraat Bankasi of Turkey (the ...
Many Islamic Banks are working in Pakistan.The list of banks is given below: Meezan Bank Limited; Soneri Mustaqeem Islamic Bank; Dubai Islamic Bank; Al Baraka Bank (Pakistan) Limited - Al Baraka Bank
Muhammad Metwalli al-Sha'rawi (Arabic: محمد متولي الشعراوي) (April 15, 1911 – June 17, 1998) was an Islamic scholar, former Egyptian minister of Endowments. He has been called one of Egypt's most popular and successful Islamic preachers, and "one of the most prominent symbols of popular Egyptian culture" in the 1970s, 1980s ...