SEE FULL COMPANY PROFILES WITH A FREE TRIAL
EMIS is the definitive emerging markets news, research, company, and financial data resource. EMIS - ISI Emerging MarketsLEARN MORE
Search for another company:
ALL
Egypt
Company data displayed is for sample purposes only and may not reflect the most current information available on Emerging Markets Information Service (EMIS).

Faisal Islamic Bank of Egypt (بنك فيصل الإسلامى المصرى)

Main Activities: Banking and Credit Intermediation

facebook Please check the full coverage of information what EMIS can offer you. SEE SAMPLE

Company Information

Full name
Faisal Islamic Bank of Egypt (بنك فيصل الإسلامى المصرى)

Headquarters
P.O. Box 2446, Faisal Islamic Bank Building, 3 July 26th Street, Doei Area, Cairo.; Cairo; Greater Cairo
Status: Listed
Legal Form: Joint Stock Company
Operational Status: Operational
ISIN CODE : EGS60321C014
Financial Auditors: Sherif Fathy Al-Kelany / Dr. Hazem Ahmed Yassin (2012)
Incorporation Date: July 5, 1979
Total Employees: 1,699

Tel: 202 27868723

Company Description

Faisal Islamic Bank of Egypt is a financial institution that offers banking and investment services in accordance to Islamic Sharia principles. Faisal Islamic Bank of Egypt is the first Egyptian Islamic and Commercial bank. The bank officially began operations in 1979 with the main objective being carrying out all banking, trade and investment activities, financing economic and urban development projects in addition to performing various social services through the Zakat fund." It was listed in Cairo
More

Company Analysis

According to the Individual - Audited financial statement for the Year of 2011, total net operating revenues increased with 844.61%, from EGP 212,537.928 thousands to EGP 2,007,651 thousands. The results of the period increased 77.36% reaching EGP 186,582 thousands at the end of the period against EGP 105,201.554 thousands last year. Return on equity (Net income/Total equity) went from 5.45% to 9.15%, the Return On Asset (Net income / Total Asset) went from 3.09% to 0.53% and the Net Profit Margin (Net Income/Net Sales) went from 49.50% to 9.29% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 1619.99% compared to 76.42% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 2.13 to 0.57 when compared to the previous year.

Key Executives

Mr.Mohammed Al Faisal Al Saud Chairman
Dr.Ibrahim Gamil Badran BOD - Board of Directors
Mr.Ibrahim Fouad Al Isawy BOD - Board of Directors
Mr.Khalid Abdullah Janahi BOD - Board of Directors
Mr.Osama Mohamed Kamel BOD - Board of Directors

Companies with Similar Main Activities

ISI Emerging Markets

FULL COMPANY PROFILE

Please check the full coverage of information what EMIS can offer you.
SEE SAMPLE
SELECT CURRENCY
Balance Sheet

Total Assets

41,080,202

35,070,339

Current Assets

22,167,916

18,352,820

Total Liabilities

38,438,605

33,031,351

Shareholders Equity

2,641,597

2,038,988

Current Liabilities

37,331,252

32,239,138

* All the accounts are in EGP.
Income Statement

Total Operating Revenue

3,082,947

2,007,651

Operational Profit (Loss)

1,421,608

892,282

Net Profit (Loss)

63,233

186,582

* All the accounts are in EGP.
Ratios
Profitability Ratios

Return on Assets (ROA)

0.15%

0.53%

Annualised Return on Assets (ROA)

0.15%

0.53%

Return on Equity (ROE)

2.39%

9.15%

Annualised Return on Equity (ROE)

3.1%

8.6%

Return on Sales (ROS)

2.05%

9.29%

Return on Capital

37.92%

31.52%

Gross Profit Margin

100%

100%

Operating Profit Margin

46.11%

44.44%

Efficiency Ratios

Current asset turnover

0.14x

0.11x

Fixed-asset turnover

0.16x

0.12x

Asset Turnover

0.07x

0.06x

Valuation figures and ratios

Earning Before Interests and Taxes (EBIT)

1,421,608

892,282

EBITDA

1,421,608

892,282

Enterprise value

33,843,557

24,881,393

Enterprise Value / EBITDA

23.81

27.89

Bookvalue (BV)

2,641,597

2,038,988

Net Cash

-32,559,045

-24,568,856

Liquidity Ratios

Current Ratio

59.38%

56.93%

Quick ratio

59.38%

56.93%

Doom's day ratio

15.75%

26.25%

Leverage Ratios

Leverage ratio

1,555.13%

1,719.99%

Debt to equity

1,455.13%

1,619.99%

Debt to total assets

93.57%

94.19%

Long Term Debt to Capital

29.54%

27.98%

Market ratios

Market Capitalization/EBITDA

0.90

0.35

Market Cap / Net cash

-0.04

-0.01

Trend Ratios

Revenue Trend

153.56%

109.29%

Net Income Trend

33.89%

55.23%

Operating Income Trend

159.32%

136.86%