First Abu Dhabi Bank Misr (FABMISR), one of the largest banks operating in Egypt, announced the inauguration of its new Islamic branch in the Fifth Settlement, New Cairo. This comes as a testament to 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.
The new branch, which was inaugurated by senior officials from the bank, offers a wide range of Sharia-compliant financial products and services, including saving accounts, financing solutions, and wealth management. Through its personalized approach, the branch ensures that every product and service aligns with Sharia while catering to our customer’s diverse financial needs and preferences.
In his remarks at the inauguration ceremony, Mr. Mohamed Fayed, CEO, and Managing Director of FABMISR, said: “The launch of our new Islamic branch is a significant milestone in our journey to expand our Islamic banking services and products across Egypt. 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.” “Our new branch is designed to meet our customers’ various needs, providing them with a comprehensive banking experience. We are committed to offering innovative and Sharia-compliant solutions that maximize the benefits for all our customers, while also fostering long-term relationships,” Fayed added.
