Tuesday, 24 November 2009 | 00:21 UAE time
COMPANIES
Dubai Islamic Bank - UAE
- 0.00 Last
- 0.00 (%) Today's Change
- 0 Volume
- 0.00-0.00 52 Week Range
- 0.00 (0.00%) 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 March 1975 | - |
MAJOR SHAREHOLDERS
| Name | Country | ||
|---|---|---|---|
| Investment Corporation of Dubai | companies | 29.8 | UAE |
| Kuwait Finance House - Kuwait | companies | 1.07 | Kuwait |
PORTFOLIO
| Name | Country |
|---|---|
| Al Ahlia Aluminium Company | UAE |
| Al Bustan Center Company | UAE |
| Al Islami Oceanic Shipping Company | UAE |
| Al Islami Trade Finance | UAE |
| Al Tameer Modern Real Estate Investment | Egypt |
| Al Tanmia Modern Real Estate Investment | Egypt |
| Al Tatweer Al Hadith Real Estate | Egypt |
| Bank of Khartoum | Sudan |
| BBI Leasing and Real Estate | Bosnia and Herzegovina |
| Blackstone Investments | UAE |
| Blue Nile Investments | UAE |
| Bosnia Bank International | Bosnia and Herzegovina |
| Bulwark Investments | UAE |
| Dar Al Shariah Financial and Legal Consultancy | UAE |
| Deyaar Development Company | UAE |
| Tamweel - UAE | UAE |
| Takaful Re | UAE |
| Saba Islamic Bank | Yemen |
| RAK Petroleum | UAE |
| Manazel Real Estate | UAE |
| DIB Lease One - Ireland | Ireland |
| DIB Lease One - Bahamas | Bahamas |
| DIB Printing Press | UAE |
| Dubai Insaat Gayrimenkul | Turkey |
| Dubai Islamic Bank - Pakistan | Pakistan |
| Ejar Cranes and Equipment | UAE |
| Emirates National Securitisation Corporation | UAE |
| Emirates Trading Center | UAE |
| Etisalat International - Pakistan | Pakistan |
| Faisal Islamic Bank of Kibris | Cyprus |
| Gulf Atlantic | UAE |
| Dubai Islamic Insurance and Reinsurance Company | UAE |
| Gulf Tankers | UAE |
| Islamic Financial Services | UAE |
| Landmark Investments | UAE |
| Liquidity Management Center | Bahrain |
| Lotus Investments | UAE |
| Millennium Capital Limited | UAE |
| Millennium Private Equity | UAE |
| Momentum Investments | UAE |
| Mount Senai Investments | UAE |
| Naseej Fabric Manufacturing | UAE |
| Optimum Investments | UAE |
| Osiris Investments | UAE |
| Premiere Investments | UAE |
| Rubicon Investments | UAE |
| Sequia Investments | UAE |
| Waqf Trust Services | UAE |
| Zone One Real Estate Management Company | Cayman Islands |
| Zone Two Real Estate Management Company | Cayman Islands |
| DIB Sukuk Company | Cayman Islands |
| Dubai Real Estate Institute | UAE |
| GENYX | UAE |
| Industrial Al Inma Bank | Jordan |
| Islamic Investment Company | UAE |
| Tahiya | UAE |
| Tashyed | UAE |
| United Mineral Water | Egypt |
| USOS Holding | UAE |
| Al Baraka Islamic Bank | Bahrain |
| Bahrain Islamic Bank | Bahrain |
| Capivest Investment Bank | Bahrain |
| Emirates Telecommunications Corporation International | Pakistan |
| Innovative Investments | Bahrain |
| Islamic International Rating Agency | Bahrain |
| Liquidity Management Centre | Bahrain |
| Dubai Islamic Bank Foundation | UAE |
| Jordan Dubai Islamic Bank | Jordan |
OFFICERS
| BOARD OF DIRECTORS | Position |
|---|---|
| Khaled Mohammed Bin Ali Al Kamda | Board Member |
| Mohammed Ibrahim Al Shaibani | Chairman |
| Saleh Saeed Ahmad Lootah | Board Member |
| Tarek Humaid Al Tayer | Board Member |
| Abdulrahman Al Hareb | Board Member |
| Saed Mubarak Al Mehairi | Board Member |
| Ahmad Bin Humaidan | Board Member |
| MANAGEMENT | Position |
| Taha Noman Noman | Head of Human Resources |
| Khaled Mohammed Bin Ali Al Kamda | Managing Director |
| Abdulmuneim Bastaqi | Executive Vice President - Group Chief Financial Officer |
| Adnan Chilwan | Chief of Retail and 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 | Chief Executive Officer |
| Fahd Al Muhairi | Senior Vice President - Risk Management |
| Ayman Adil | Senior Vice President - Real Estate and Finance |
| Saeed Al Qatami | Senior Vice President - Wealth Management and Private Banking |
| Sayed Naved Ali | Senior Vice President - Corporate Banking |
| Mohammed Nasrallah | Senior Vice President - Centralized Operations |
| Mohammed Al Ameeri | Senior Vice President - Retail and Business Banking Services |
| Abdullah Al Shamsi | Senior Vice President - Sales |
| Salman Al Yaqet | Vice President - Finance |
| Akram Khan | Vice President and Head of Gulf Region - Corporate Banking |
| Nidal Al Shoumali | Vice President - Collections and 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 |
| SHARIA BOARD | Position |
| Hussain Hamed Hassan | Chairman |
| Ali Muhieddine Al Qurra Daghi | Member |
| Mohammed Abdulrazzaq Al Siddiq | Member |
| Ajil Jassem Al Nashmi | Member |
| Mohammed Abdulhakim Zair | Secretary of the Board |
MOST POPULAR NEWS STORIES
LATEST FINANCIAL JOBS
- Project Finance Manager, Abu Dhabi, UAE
- Banks Analyst, Dubai, UAE
- Internal Audit Manager, Abu Dhabi, UAE
- Product Manager, Dubai, UAE
- Market Risk Oficer, Dubai, UAE
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