Faisal Islamic offers Ijara Muntahiya Bittamleek (lease-to-own) home finance. The CBE mortgage initiative covers Sharia-compliant products. Convert 12 months to Excel in seconds.
Convert your Faisal Islamic statementFaisal Islamic Bank of Egypt, the country's first Islamic bank, offers Ijara Muntahiya Bittamleek (lease-to-own) as its Sharia-compliant home finance product. The Central Bank of Egypt mortgage initiative — subsidised financing for eligible income brackets — applies to Sharia-compliant products as well as conventional. A home finance file needs a 12-month statement that shows stable income credits and manageable existing financing obligations.
Converting your PDF to Excel before underwriting lets you confirm income lands consistently across the full 12 months, that your existing Murabaha or Musharaka instalments leave room under the bank's affordability threshold, and that no large unexplained deposit raises a question. Monthly Ijara payments on an existing lease-to-own appear in the statement as a regular debit the underwriter will count.
Faisal Islamic issues an Arabic-first bilingual PDF with Islamic product terminology throughout. The account header carries a Sharia supervisory board reference. Income credits appear as salary or inbound transfers. Existing Ijara payments and Murabaha instalments are recurring debits the underwriter counts toward your affordability.
Profit distribution ('توزيع أرباح') credits on an investment account are returns, not stable income — relevant to overall financial standing but treated differently from a salary. Kashfbank keeps each Islamic label intact and reads the Arabic-first layout natively so the underwriter sees a clean, explainable 12-month history including older lower-resolution scans.
You want income consistency over 12 months, every existing Ijara and Murabaha obligation, the down payment trail, and any large deposit the underwriter will want sourced.
Arabic-first bilingual PDF. Islamic product terminology throughout: Murabaha, Musharaka, Mudaraba, Wakala. Account header includes Sharia supervisory board reference and Islamic finance product type. EGP running balance. Profit distribution entries appear as separate line items distinct from principal movements. Zakat-eligible balance indicators may appear where applicable. Older statements (pre-2018) may be lower-resolution scans.
| Label | Meaning |
|---|---|
| مرابحة | Murabaha cost-plus financing instalment |
| توزيع أرباح | Profit distribution credit on investment account |
| وكالة استثمار | Wakala investment placement or return |
| زكاة | Zakat deduction from eligible balance |
| إيداع نقدي | Cash deposit |
Rules in Egypt differ — see our country guide
Pull 12 months from Faisal Islamic Mobile
Open Faisal Islamic Mobile and request a full 12-month statement — the standard period for the CBE mortgage initiative. The Arabic-first bilingual PDF is read natively, including older pre-2018 scans.
Upload to Kashfbank
Drop the PDF in. Ijara, Murabaha, Musharaka, and profit distribution labels are preserved exactly as printed, so every existing obligation is captured for the affordability check.
Trace income consistency and obligations
Sort by date. Confirm income credits land consistently across all 12 months. Sum existing Ijara and Murabaha instalments. Confirm the down payment was present well before the application.
Export and prepare your file
Download as Excel or CSV for your own review. The bank wants the original Faisal Islamic PDF — use the export to confirm the underwriter will see a clean, explainable history.
Common challenges
Does Faisal Islamic offer a Sharia-compliant home finance product?
Yes. Faisal Islamic Bank of Egypt offers Ijara Muntahiya Bittamleek (lease-to-own) as its Sharia-compliant home finance product. Monthly Ijara payments appear in the statement as a regular debit. The CBE mortgage initiative applies to Sharia-compliant products as well.
Is the CBE mortgage initiative available on Islamic products?
Yes. The Central Bank of Egypt mortgage initiative eligibility applies to Sharia-compliant products as well as conventional. A 12-month statement is required and must show stable income credits and manageable existing financing obligations.
Does Kashfbank read the Arabic-first statement correctly?
Yes. The statement is Arabic-first with Islamic product terminology throughout. Kashfbank extracts the Arabic natively — Ijara, Murabaha, Musharaka, and profit distribution labels stay intact on every row, including older lower-resolution scans from pre-2018.
How does the export handle an existing lease-to-own as an obligation?
Monthly Ijara payments on an existing lease-to-own appear as a regular debit. Kashfbank tags them so they are captured in your existing-obligations total — the underwriter counts them toward your affordability for the new home finance just like any other recurring financing payment.
Freelancers
Extract, categorize, and export freelance income and expenses from PDF bank statements — ready for 1099, self-assessment, or ZATCA filings.
Tax Preparation
Convert PDF bank statements to clean spreadsheets for Zakat, VAT, corporate tax, and self-assessment filings across GCC and international markets.
Loan Applications
Prepare clean, lender-ready bank statement exports that prove stable income and responsible financial behavior for personal and business loan applications.
Upload PDF, get Excel in seconds
Try it free10 free credits on signup
Regulator: Central Bank of Egypt (CBE)
Fiscal year: Jul 1 – Jun 30 (government); Jan–Dec (private sector)
Full country guide →Statement language: Arabic / English