Ithmaar Bank

Ithmaar Bank B.S.C. (closed) ("Ithmaar Bank") is a Bahrain-based Islamic retail bank that is licensed and regulated by the Central Bank of Bahrain and provides retail, commercial, treasury & financial institutions and other banking services.

Ithmaar Bank
IndustryBanking, financial services
Founded1982 (1982)
HeadquartersSeef Tower, ,
Area served
Bahrain, Pakistan
Key people
Prince Amr Mohammed Al Faisal
Chairman
Ahmed Abdul Rahim
Chief Executive Officer
Abdulhakeem Khalil AlMutawa
Deputy Chief Executive Officer, Banking Group
ProductsPrivate Banking, Commercial Banking, Consumer Banking, Credit Cards, foreign currency exchange, Global Banking, mortgage loans, Retail Banking, Risk Management, Wealth Management
Revenue BHD 171.216 Million (2019)
BHD83.586 Million (2019)
BHD 2.480 Million (2019)
Total assets BHD 2.979 Billion (2019)
Total equity BHD 79.171 Million (2019)
WebsiteIthmaarBank.com

Ithmaar Bank is a wholly owned subsidiary of Ithmaar Holding B.S.C. which is listed on the Bahrain Bourse, and Dubai Financial Market.  

Ithmaar Bank provides a diverse range of Sharia-compliant products and services that cater to the financing and investment needs of individuals and institutions. Ithmaar also maintains a presence in overseas markets through its subsidiary, Faysal Bank Limited (Pakistan) and locally through Dilmunia Development Fund I L.P.

References

(2019). Ithmaarbank.com. Retrieved 14 April 2019, from https://www.ithmaarbank.com/sites/default/files/Ithmaar_Bank_AR2018_English2.pdf

Ithmaar Bank Annual Reports (2019):

English: https://www.ithmaarbank.com/sites/default/files/pdf/ithmaar_bank-en2019_english.pdf

Arabic: https://www.ithmaarbank.com/sites/default/files/pdf/ithmaar_bank-ar2019_Arabic.pdf

Ithmaar Bank Financial Statement (2019):

English: https://www.ithmaarbank.com/sites/default/files/filemanager/02202020_Financials_Ithmaar_Bank_31_December_2019_full_set_signed_English.pdf

Arabic: https://www.ithmaarbank.com/sites/default/files/filemanager/02202020_Financials_Ithmaar_Bank_31_December_2019_full_set_signed_Arabic.pdf


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