FABMISR inaugurates new Islamic branch in New Cairo

First Abu Dhabi Bank Misr (FABMISR), one of the largest banks operating in Egypt, launched its new Islamic branch in the Fifth Settlement, New Cairo, according to an official statement on Wednesday.

The new branch offers a wide range of Sharia-compliant financial products and services, including saving accounts, financing solutions, and wealth management, as stated in the statement.

This aligns with the bank’s unwavering commitment to offering its customers a unique and holistic banking experience, underpinned by the renowned global expertise of FAB Group and the principles of Islamic finance.

“We believe that Islamic banking is a key pillar of our growth strategy, as it offers a valuable alternative to traditional banking for our customers who seek to adhere to their religious beliefs,” Mohamed Fayed, CEO of FABMISR, said.