# Faisal Islamic Bank of Egypt

> Source: https://docs.barcoder.ai/docs/wallets/faisal-egypt
> research date 2026-06-01 · extracted at 2026-10-03
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Faisal Islamic — official](https://www.faisalbank.com.eg/)

## Key details

- **Parent:** Prince Mohammed bin Faisal Al Saud

## Overview

**Faisal Islamic Bank of Egypt** is **Egyptian Islamic commercial bank** + **Dar Al-Maal Al-Islami Trust DMI Trust Saudi Faisal Foundation Islamic financial group + Egyptian retail + institutional + foreign investors free float** + **Egypt's first Islamic commercial bank** + **founded Jul 17 1977 in Cairo Egypt as Egypt's pioneer Islamic commercial bank by Prince Mohammed bin Faisal Al Saud** <sup>[1][1], [Egypt report](https://docs.barcoder.ai/docs/payments/EG)</sup>.

## History

**Jul 17 1977 — Faisal Islamic Bank of Egypt founded in Cairo Egypt as Egypt's pioneer Islamic commercial bank by Prince Mohammed bin Faisal Al Saud under Egyptian president Sadat-era Egyptian banking liberalisation** distinctive Egyptian Islamic banking heritage as Egypt's first Islamic commercial bank.

**2014 — Faisal Islamic Mobile banking app launch**.

## Ownership & operator

**Operating entity**: **Faisal Islamic Bank of Egypt** (Egyptian Islamic commercial bank).

**Major shareholders**: **Dar Al-Maal Al-Islami Trust DMI Trust (Saudi Faisal Foundation Islamic financial group; founded by Prince Mohammed bin Faisal Al Saud Saudi royal) + Egyptian retail + institutional + foreign investors free float**.

**Regulators**: **Central Bank of Egypt CBE**.

## Technical integration

Faisal Islamic Mobile app (iOS + Android) + faisalbank.com.eg online + Faisal Islamic Bank of Egypt branch network across Egypt + Faisal Visa + Mastercard + Meeza Egyptian national card scheme (Islamic-compliant); Meeza national card scheme + Meeza QR (Egyptian national QR payment scheme) + Egyptian Pound EGP domestic transfers.

## Implementations & partners

**Major Egyptian banking + payments competitors**: [National Bank of Egypt (NBE)](https://docs.barcoder.ai/docs/wallets/nbe-egypt) (National Bank of Egypt NBE; Egypt's largest commercial bank by assets) + [CIB (Commercial International Bank Egypt)](https://docs.barcoder.ai/docs/wallets/cib-egypt) (Commercial International Bank CIB; CASE: COMI) + [Banque Misr (BM Online + onebank)](https://docs.barcoder.ai/docs/wallets/banque-misr) (Banque Misr) + [QNB AlAhli](https://docs.barcoder.ai/docs/wallets/qnb-alahli) (QNB Al Ahli Bank Egypt; QNB Qatari parent ~95%+ controlling) + [Arab African International Bank (AAIB)](https://docs.barcoder.ai/docs/wallets/aaib-egypt) (Arab African International Bank AAIB) + [ADIB Egypt](https://docs.barcoder.ai/docs/wallets/adib-egypt) (ADIB Egypt; Abu Dhabi Islamic Bank Egyptian subsidiary).

**Regulators**: Central Bank of Egypt CBE.

## Status

**Active, Egyptian Islamic commercial bank + Dar Al-Maal Al-Islami Trust DMI Trust Saudi Faisal Foundation Islamic financial group + Egyptian retail + institutional + foreign investors free float + Egypt's first Islamic commercial bank + founded Jul 17 1977 in Cairo Egypt as Egypt's pioneer Islamic commercial bank by Prince Mohammed bin Faisal Al Saud** <sup>[1][1], [2][2]</sup>.

## Sources

[1]: https://www.faisalbank.com.eg/ "Faisal Islamic — official"
[2]: https://en.wikipedia.org/wiki/Faisal_Islamic_Bank_of_Egypt "Faisal Islamic — Wikipedia"
[eg-cro]: https://docs.barcoder.ai/docs/payments/EG

- [1] [Faisal Islamic — official][1]
- [2] [Faisal Islamic — Wikipedia][2]
- <sup>[Egypt report](https://docs.barcoder.ai/docs/payments/EG)</sup> In-corpus: `reports/countries/EG-egypt.md`

## Source

Biography extracted from [faisal-egypt.md](https://docs.barcoder.ai/source/wallets/faisal-egypt). See `matrix.md` for standards-support matrix if present.