Faisal Islamic Bank Of Kibris
Cyprus Islamic (offshore) Bank Ltd
Trading
List of Islamic Banks in Cyprus
Published by Gbaf News
Posted on April 21, 2013
1 min read· Last updated: June 11, 2018
Key Takeaways
- Faisal Islamic Bank of Kibris is an Islamic (offshore) bank operating in Cyprus.
- The bank is headquartered in Nicosia, with branches across major cities in Northern Cyprus.
- It follows Islamic banking practices such as murabaha, musyarakah, and mudarabah.
- It began operations in March 1983 and expanded with an investment arm and branch in Istanbul.
References
Frequently Asked Questions
Where is Faisal Islamic Bank of Kibris located?
The bank is headquartered at Atatürk Square in Nicosia, Cyprus, with branches in Lefkosa, Girne, Magosa and Guzelyurt.
When did the bank begin operations?
It began operations in March 1983 and later established the Faisal Islamic Investment Corporation with branches including one in Istanbul.
What Islamic financing methods does it use?
The bank employs Islamic financing schemes such as murabaha, musyarakah and mudarabah in its operations.
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