Faisal Islamic Current Account — Faisal Islamic Bank-Egypt | Banky

Editor-in-Chief Mohamed Salah

ع

Editor-in-Chief Mohamed Salah

BANKY NOW 2 Nov 2026
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Islamic

Faisal Islamic Current Account

Faisal Islamic Bank-Egypt · Current accounts · Islamic · Egyptian Pound · 1.5 · Friday 23 October 2026 - 05:58 PM

A current account available in Egyptian pounds and foreign currencies, with a minimum opening balance of EGP 1,000 or its equivalent, offering cheque deposits and withdrawals, cheque and bill collection, and periodic payment services, with no interest earned.

Min. opening deposit
EGP 1,000
Monthly fee
EGP 0

The account

Min. opening deposit
EGP 1,000
Overdraft allowed
No

Fees

Opening fee
EGP 60
Monthly fee
EGP 0
Quarterly fee
EGP 50
Annual fee
EGP 0
Below-minimum fee
EGP 10
Statement fee
EGP 50
Cheque book fee
EGP 360
Cheques per book
48

Services

Cheque book Debit card Online banking Mobile banking Bill payments

Eligibility

Joint account
No
Minor account
No
Open to foreigners
No
Min age
21
Required documents
National ID Copy

Our take 1.5

1.5 Banky rating

Pros

  • Collection of checks and bills of exchange on behalf of account holders.
  • Flexibility to deposit and withdraw funds using checks.

Cons

  • A current account that does not earn interest.

Our take

The current account, available in Egyptian pounds and foreign currencies, offers customers convenient management of their financial transactions with a minimum opening balance of EGP 1,000 or its equivalent in foreign currencies. Account holders can deposit and withdraw funds using cheques, collect cheques and bills of exchange issued inside or outside Egypt, and arrange periodic payments and bill settlements on their behalf according to their instructions. The account is a non-interest-bearing current account.

A current account available in Egyptian pounds and foreign currencies, with a minimum opening balance of EGP 1,000 or its equivalent, offering cheque deposits and withdrawals, cheque and bill collection, and periodic payment services, with no interest earned.

Compare

Alternatives at a glance
Faisal Islamic Current Account Faisal Islamic Bank-Egypt This one Current Account Abu Dhabi Islamic Bank Egypt Current Account Kuwait Finance House Egypt Islamic Current Account Egbank
Min. opening deposit
EGP 1,000 EGP 5,000 EGP 5,000 EGP 5,000
Monthly fee
EGP 0 EGP 600 Yearly feeEGP 700 Yearly feeEGP 1,200 Yearly fee
Compare with 3 similar current accounts

Added Wednesday 09 September 2026 - 02:03 AM Updated Friday 23 October 2026 - 06:03 PM