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

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

BANKY NOW 2 Nov 2026
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Islamic

Faisal Bab Rezk Current Account

Faisal Islamic Bank-Egypt · Current accounts · Islamic · Egyptian Pound · 1.5 · Friday 23 October 2026 - 05:52 PM

The Bab Rizq Individuals account offers flexible banking services with no minimum opening balance or account opening fees, along with several free banking services and access to savings certificates.

Min. opening deposit
EGP 0
Monthly fee
EGP 0

The account

Min. opening deposit
EGP 0
Max balance
EGP 500,000
Daily limit
EGP 90,000
Monthly limit
EGP 300,000
Overdraft allowed
No

Fees

Opening fee
EGP 0
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

Eligibility

Joint account
No
Minor account
No
Open to foreigners
No
Min age
15
Required documents
National ID Copy

Our take 1.5

1.5 Banky rating

Pros

  • No minimum balance is required to open an account.
  • The customer is exempt from account opening fees.

Cons

  • The account does not earn interest.

Our take

The “Bab Rizq Individuals” account is designed to meet the banking needs of customers who do not have formal income documentation, such as housewives, unemployed individuals, craftsmen, and skilled workers. The account can be opened in Egyptian pounds or selected foreign currencies, with no minimum opening balance and no account opening fees. Customers also benefit from a range of free banking services, including a waiver of the issuance fee for the Meeza Bab Rizq card for the first time, internet banking subscription fees, and Faisal Cash mobile wallet fees. In addition, the account allows customers to obtain various types of savings certificates and conduct financial transactions within the specified daily and monthly limits, providing flexibility in managing their financial needs.

The Bab Rizq Individuals account offers flexible banking services with no minimum opening balance or account opening fees, along with several free banking services and access to savings certificates.

Compare

Alternatives at a glance
Faisal Bab Rezk 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 0 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 - 05:53 PM