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Tuesday, 24 November 2009 | 19:33 UAE time

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Shamil Bank

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As of 24 Nov 2009 11:33 GMT (Market Closed)

COMPANY DESCRIPTION

Shamil Bank is a Bahrain-based Islamic retail bank licensed and regulated by the Central Bank of Bahrain, with commercial and investment banking activities.

Shamil Bank provides a range of products and services that cater to the financing and investment needs of individuals and institutions. Conducting its business in compliance with the principles of Sharia, it operates a network of local branches and maintains a presence in overseas markets through its subsidiaries, associated and affiliated companies.

Shamil Bank is a wholly owned subsidiary of Ithmaar Bank, a full service investment bank.

KEY INFORMATION

Industry

Asset Management, Commercial Banks, Investment Banks, Investment Funds

Address

Seef Tower, 3005, Manama, Bahrain

T

973 17585000

F

973 17585151

E

alshamil@shamilbank.net

W

www.shamilbank.net

COMPANY OVERVIEW

Ownership Type Established on Employees
Public Joint stock 1982 -

MAJOR SHAREHOLDERS

NameCountry
Ithmaar Bankcompanies100Bahrain

PORTFOLIO

NameCountry
Ithmaar BankBahrain
EMP - BahrainBahrain
Faisal BankPakistan
Faisal Finance - SwitzerlandSwitzerland
Faisal Finance - UKUK
Faisal Islamic Bank of EgyptEgypt
Islamic Trading CompanyBahrain
Meezan BankPakistan
Sakana Holistic Housing SolutionsBahrain
Sanpak Engineering - PakistanPakistan
Shamil Asset Management InternationalBahrain
Shamil Bank of Yemen and BahrainYemen
Shamil Finance - LuxembourgLuxembourg
Shamil Funds CompanyBahrain
Naseej Company - BahrainBahrain

OFFICERS

BOARD OF DIRECTORSPosition
Mohamed Abdulla Al AnqariChairman
Khalid Abdulla JanahiBoard Member
Ziad Hasan RawashdehBoard Member
Zamil Abdulla Al ZamilBoard Member
Mohamed HussainBoard Member
Farook BengaliBoard Member
Ahmed Hassan AhmedBoard Secretary
MANAGEMENTPosition
Faisal M. Al AlwanChief Executive Officer
Ahmad A. RahimDeputy Chief Executive Officer
Abdulhakim Al MutawaAssistant General Manager - Private Banking
Ashraf El GoharyAssistant General Manager - Financial Institutions and Treasury
Tawfiq Mohammed Al BastakiAssistant General Manager - Risk Management and Compliance
Abdulrahman Mohammed AhmedAssistant General Manager - Banking Operations
Yousif Abdulla Al KhanAssistant General Manager - Information Technology
Prakash PathmanathanAssistant General Manager - Financial Control
Khaled Hassan El RubyGeneral Manager - Commercial Banking Group
Abdulrahman Al ShaikhAssistant General Manager - Banking Operations
Farooq Mohamed AwadiAssistant General Manager - Corporate Banking
Juma Hasan AbullAssistant General Manager - Remedial Management
Yaqoob Al ShomaliSenior Manager - Banking Operations
Muhammed Wasif IjlalSenior Manager - Investment Banking
Jassim Mohammed JassimSenior Manager - Information Technology
Mohammed JanahiAssistant General Manager - Retail Banking
SHARIA BOARDPosition
Abdullah Bin Suleiman Al ManeaChairman
Nedham YaqoubyBoard Member
Mohsin Abdulhussein Al AsfoorBoard Member

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Information correct at the time of publishing. If you are a representative of this company and want to update the details, please email updated information to financials@itp.com providing your name, designation and contact details. All markets data located on ArabianBusiness.com is subject to the ArabianBusiness.com Terms & Conditions. Content should be used for general information use only. Charts and statics display delayed intraday data. Share price information may be rounded up/down and therefore may not be entirely accurate Selected data supplied by Reuters Limited. Click for Restrictions.