Islamic Banking Pioneer click here to go to contents page 2 The Late His Royal Highness Prince Mohammed Al -Faisal bin Abdul-Aziz Aal-Saud, The founder of Faisal Islamic Bank of Egypt, Former Chairman of The Board of Directors And The pioneer of Islamic banking in the world click here to go to contents page 3 His Royal Highness Prince Amr Mohammed Al-Faisal Aal-Saoud Chairman of the Board Faisal Islamic Bank of Egypt click here to go to contents page 4 Governor Mr. Abdel Hamid Mohammed Aboumoussa click here to go to contents page 5 Contents About The Bank ........................................................................................................ 8 Board of Directors .............................................................................................................................. 8 Board of Directors' Committees ........................................................................................................ 9 Religious Supervisory Board ............................................................................................................01 Auditors ............................................................................................................................................01 Statement of the Chairman .............................................................................................................00 Domestic Economic Developments .................................................................................................01 Valuation of the Bank performance during the reporting year .....................................................01 Financial Statements .............................................................................................. 12 The Unconsolidated Balance Sheet .................................................................................................21 The Unconsolidated Income Statement..........................................................................................22 The Unconsolidated Statement of Changes in Shareholders’ Equity ............................................23 The Unconsolidated Cash Flows Statement ....................................................................................24 The Proposed Profit Distribution Statement ..................................................................................25 Notes ................................................................................................................................................26 Auditors’ Report...............................................................................................................................78 Religious Supervisory Board Report ................................................................................................83 The Zakat Fund ...................................................................................................... 84 The Balance Sheet ............................................................................................................................85 Resources and Disbursements ........................................................................................................85 Complementary Explanations .........................................................................................................87 Auditors’ Report...............................................................................................................................88 Sectoral Distribution of the Bank companies ....................................................... 89 The agriculture sector, forest exploitation and logging ..............................................................91 The sector of food products and drinks ........................................................................................91 Real estate activities and leasing sector ........................................................................................91 Building and construction works sector .......................................................................................91 Hotel and restaurant sector (accommodation and food services) ..............................................91 The sector of materials, chemical products and leather products .............................................91 Sector of metallurgy, iron and steel ..............................................................................................92 The textile and ready-made clothes sector ...................................................................................92 click here to go to contents page 6 Financial mediation and insurance sector (financial services other than banks) .....................92 The social and administrative activities and education sector ...................................................92 Electricity, gas and water supply sector .......................................................................................93 Glass, ceramics and building materials sector ............................................................................93 The sector of electrical and household appliances, equipment and machinery ........................93 Wholesale and retail trade sector ..................................................................................................93 Transportation, storage, communications and information sector ............................................93 Other sectors ...................................................................................................................................93 Branches .................................................................................................................. 94 Head office & Cairo branch & Giza ..................................................................................................94 Greater Cairo ....................................................................................................................................94 Alexandria & Lower Egypt Region ...................................................................................................96 Canal Region.....................................................................................................................................98 Upper Egypt Region .........................................................................................................................99 Branches to be opened soon ...........................................................................................................99 Bank Correspondents ........................................................................................... 100 Head Office and Main Departments ................................................................... 101 click here to go to contents page 7 About The Bank Board of Directors* His Royal Highness Prince Amr Mohammed Al-Faisal Aal-Saoud Chairman Sheikh. Ibrahim Bin Khalifa Aal-Khalifa (Representative of Faisal Islamic Bank, Jersey) Dr. Amani Khaled Mohammed Mubarak Bouresli (Representative of Ithmaar Bank) Eng. Sayed Saad Mahrous Abdel-Salam (Representative of Egyptian Endowments Authority) Mr. Abdel Hamid Mohammed Aboumoussa (The Bank’s Governor) Mr. Mohammed Bin Abdullah Bin Abdelkarim Elkhereiji Dr. Mohammed Mohsen Mohammed Mahgoub*** Mr. Mohamed Hani Bin Al Sayed Bin Ibrahim Al Ayouti (Representative of Dar Al Maal Al Islami for Limited Administrative Services) Mr. Yusuf Bin Abbas Bin Hassan Ashaari** (Representative of Egyptian Company for Investments) ـــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــ Governor Mr. Abdel Hamid Mohammed Aboumoussa ـــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــ * Board members are arranged in Arabic alphabetical order. ** His membership of the board was ended on 1st December 2020 *** His membership of the board was ended on 4th January 2021 click here to go to contents page 8 Board of Directors' Committees (1) Senior Management Committee - His Royal Highness Prince/ Amr Mohammed Al-Faisal Aal -Saoud Chairman - Mr. Abdel Hamid Mohammed Aboumoussa (The Bank’s Governor) Member - Eng. Sayed Saad Mahrous Abdelsalam Member - Mr. Yusuf Bin Abbas Bin Hassan Ashaari Member - Mr. Raafat Mokbel Hussein (CEO’s Assistant) Member (2) Audit Committee - Sheikh. Ibrahim Bin Khalifa Aal-Khalifa Chairman - Mr. Mohammed Mohsen Mohammed Mahgoub Member - Mr. Mohammed Al Ayouti Member (3) Risk Policies Committee - Dr. Amani Khaled Bouresli Chairman - Mr. Abdel Hamid Aboumoussa (The Bank’s Governor) Member - Eng. Sayed Saad Mahrous Abdelsalam Member - Mr. Mohammed Bin Abdullah Abdelkarim Elkhereiji Member (4) Governance and Nominations Committee - Sheikh/ Ibrahim Bin Khalifa Aal-Khalifa Chairman - Dr. Amani Khaled Bouresli Member (5) Salaries and Remunerations Committee - Mr.Mohammed Mohsen Mohammed Mahgoub Chairman - Mr. Yusuf Bin Abbas Bin Hassan Ashaari Member click here to go to contents page 9 Religious Supervisory Board Dr. Nasr Farid Mohammed Wassel Chairman Dr. Ali Gomaa Mohammed Abdulwahab Deputy Chairman Counselor. Abdulaaty Mahmoud Al-Shafey Member * Dr. Hamdi Sobh Taha Dawood Member Dr. Abdelhady Mohammed Abdelhady Zarea Member * He passed away on 23 September 2020. ــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــ