Faisal Islamic Bank May Start Car Loans This Year, Al Mal Says

Jan. 12 (Bloomberg) -- Faisal Islamic Bank Egypt may start a Sharia-compliant auto-finance program this year, Al Mal newspaper reported, citing the bank’s governor Abdel Hamid Abu Mousa.

To contact the reporter on this story: Ahmed A Namatalla in Cairo at anamatalla@bloomberg.net

To contact the editor responsible for this story: Mahmoud Kassem at mkassem1@bloomberg.net