Faisal Islamic Bank of Egypt provides retail and corporate banking services in Egypt and internationally. It offers current and investment accounts, joint accounts, and investment account for minors; saving certificates; and mutual funds. The company also conducts its funding financing activities through various financing models, including Musharaka, Legitimate Mudaraba, Murabaha and Salam sale, Ijara services, and Istissnaa. In addition, it is involved in the short, medium, and long-term foreign investment activities; and provision of Islamic banking services. Further, the company offers Internet banking services, debit cards, letters of credit and guarantee, securities, and mortgage finance services, as well as investment trustee services; and other services, such as collection of cheques and bills, paying invoices on behalf of the clients, renting locker safes, and internal and external transfer services. Faisal Islamic Bank of Egypt was founded in 1979 and is headquartered in Cairo, Egypt.
Metrics to compare | FAITA | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipFAITAPeersSector | |
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P/E Ratio | 3.1x | 3.6x | 8.8x | |
PEG Ratio | 0.05 | 0.02 | 0.03 | |
Price/Book | 0.8x | 0.9x | 1.0x | |
Price / LTM Sales | 3.0x | 1.7x | 2.8x | |
Upside (Analyst Target) | −31.8% | 12.2% | 11.4% | |
Fair Value Upside | Unlock | −0.5% | 3.0% | Unlock |