Saturday, 22 November 2008 | 22:50 UAE time
COMPANIES
Dubai Islamic Bank - UAE
- +2.56 Last
- +0.03 (+1.19%) Today's Change
- 2.78m Volume
- 2.34-10.78 52 Week Range
- -6.44 (-71.56%) 52 Week Change
COMPANY DESCRIPTION
Dubai Islamic Bank (DIB) was founded in 1975 as a fully-fledged Islamic financial institution offering a range of Sharia-compliant products and services. Today, DIB provides retail, corporate, private, consumer, and investment banking; and contracting and real estate finance.Over the past decades the bank has expanded its presence in the UAE and currently operates 22 branches and employs 6894 staff. Most recently, the bank has joined forces with Dubai-based developer Nakheel to form a property joint venture company known as Tashyed.
The companies dedicated start-up capital of USD 544.5 million to Tashyed to undertake real estate developments across the UAE.
KEY INFORMATION
Industry
Asset Management, Commercial Banks, Investment Banks, Mortgage and Home Finance
Address
Dubai Islamic Bank Building, Port Saeed, 1080, Dubai, UAE
T
971 4 2953000
F
971 4 2954111
E
W
COMPANY OVERVIEW
| Ownership | Type | Established on | Employees |
|---|---|---|---|
| Public | Joint stock | 12 Mar 1975 | - |
MAJOR SHAREHOLDERS
| Name | Country |
|---|---|
| Investment Corporation of Dubai | UAE |
PORTFOLIO
| Name | Country |
|---|---|
| Al Ahlia Aluminium Company | UAE |
| Al Bustan Center Company | UAE |
| Al Islami Oceanic Shipping Company Freezone | UAE |
| Al Islami Trade Finance Freezone | UAE |
| Al Rimal Development | UAE |
| Al Tameer Modern Real Estate Investment | Egypt |
| Al Tanmia Modern Real Estate Investment | Egypt |
| Al Tanmyah Services | UAE |
| Al Tatweer Al Hadith Real Estate | Egypt |
| Bank of Khartoum | Sudan |
| BBI Leasing & Real Estate | Bosnia |
| Beirut Bay | Lebanon |
| Blackstone Investments | UAE |
| Blue Nile Investments | UAE |
| Bosnia International Bank | Bosnia |
| Bulwark Investments | UAE |
| Dar Al Shariah Financial & Legal Consultancy | UAE |
| Deyaar (UK) Limited | UK |
| Deyaar Cayman Limited | Cayman Islands |
| Deyaar Development | UAE |
| DIB Lease One (Dublin) Limited | Ireland |
| DIB Lease One Limited | Bahamas |
| DIB Printing Press | UAE |
| DIB Tower | Lebanon |
| Dubai Insaat Gayrimenkul | Turkey |
| Dubai Islamic Bank Pakistan Limited | Pakistan |
| Ejar Cranes & Equipment | UAE |
| Emirates National Securitisation Corporation | Cayman Islands |
| Emirates Trading Center | UAE |
| Etisalat International Pakistan Limited | UAE |
| Faisal Islamic Bank of Kibris | Cyprus |
| Gulf Atlantic Freezone | UAE |
| Gulf Tankers | UAE |
| Islamic Financial Services | UAE |
| Jordan Dubai Islamic Bank | Jordan |
| Landmark Investments | UAE |
| Liquidity Management Center | Bahrain |
| Lotus Investments | UAE |
| Millenium Capital Holding | UAE |
| Millenium Capital Limited | UAE |
| Millenium Finance Corporation Limited | UAE |
| Millenium Private Equity Limited | UAE |
| Momentum Investments | UAE |
| Mount Senai Investments | UAE |
| Naseej Fabric Manufacturing | UAE |
| Omega Engineering | UAE |
| Optimum Investments | UAE |
| Osiris Investments | UAE |
| Premiere Investments | UAE |
| Rubicon Investments | UAE |
| Saba Islamic Bank | Yemen |
| Sequia Investments | UAE |
| Waqf Trust Services | UAE |
| Zone One Real Estate Management Company | Cayman Islands |
| Zone Two Real Estate Management Company | Cayman Islands |
OFFICERS
| BOARD OF DIRECTORS | Position |
|---|---|
| Mohammed Ibrahim Al Shaibani | Chairman |
| Saleh Saeed Lootah | Director |
| Nasser Hassan Al Shaikh | Director |
| Tarek Humaid Al Tayer | Director |
| Abdulrahman Al Hareb | Director |
| Saed Mubarak Al Muhairi | Director |
| Ahmad bin Humaidan | Director |
| Khaled Mohammed bin Ali Al Kamda | Director |
| SHARIA BOARD | Position |
| Hussein Hamid Hassan | Chairman |
| Ali Mohielddine Al Kara Daghi | Board Member |
| Mohammed Abdulrazzak Al Sidiq | Board Member |
| Ajil Jassem Al Nashmi | Board Member |
| Mohammed Abdulhakim Zuair | Secretary of the Board |
| MANAGEMENT | Position |
| Khaled Mohammed bin Ali Al Kamda | Managing Director & Chief Executive Officer |
| Abdulmuneim Bastaqi | Executive Vice President - Group Chief Financial Officer |
| Adnan Chilwan | Chief of Retail & Business Banking |
| Mohamed Al Nahdi | Chief of Central Operations |
| Mohammed Saeed Al Sharif | Executive Vice President - Financial Affairs |
| Ayman Kamal | Executive Vice President - Real Estate Finance |
| Abdullah Ali Al Hamli | Executive Vice President - Business Services |
| Waseem Akhtar Al Saifi | Executive Vice President - Retail & Business Banking |
| Fahd Al Muhairi | Senior Vice President - Risk Management |
| Ayman Adil | Senior Vice President - Real Estate & Finance |
| Saeed Al Qatami | Senior Vice President - Wealth Management & Private Banking |
| Sayed Naved Ali | Senior Vice President - Corporate Banking |
| Mohammed Nasrallah | Senior Vice President - Centralized Operations |
| Mohammed Al Ameeri | Senior Vice President - Retail & Business Banking Services |
| Abdullah Al Shamsi | Senior Vice President - Sales |
| Salman Al Yaqet | Vice President - Finance |
| Akram Khan | Vice President & Head of Gulf Region - Corporate Banking |
| Nidal Al Shoumali | Vice President - Collections & Recoveries |
| Omair Airajooraj | Vice President - Project Finance Investment |
| Mohammed Fayez Al Shamsi | Vice President - Internal Review |
| Habib Bitar | Vice President - Head of Real Estate Finance |
| Abdulhakim Kanan | Vice President - Internal Audit |
| Junaid Ahmad | Vice President - Private Banking |
| Salah Mohammed | Vice President - Marketing |
| Msabei Al Gizi | Vice President - IT |
| Naveed Ahmad | Head of Investments - Wealth Management |
| Nasser Al Awadhi | Senior Vice President - Head of Branches |
| Taha Noman Noman | Head of Human Resources |
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