DMI Trust
 | |
| Type | Private |
|---|---|
| Industry | Islamic banking |
| Founded | 1981 |
| Headquarters | |
Key people | |
| Revenue | over $3.6 billion USD |
Number of employees | over 1,400 in three continents |
| Website | www.dmitrust.com |
Dar al-Maal al-Islami Trust (Arabic: دار المال الإسلامي) ("The House of Islamic Money"), founded in Switzerland in 1981, is a leading Islamic financial institution with affiliates on four continents and assets under management of over US$3.6 billion, operating in accordance with Zakat principles of Islamic banking. Its slogan is "Allah is the purveyor of success."
Overview[]
DMI Trust has two main business units, Takafol and Retakafol, for Islamic banking and Islamic insurance/reinsurance respectively; these are based in the Bahamas, Luxembourg, and the United Kingdom. Fund management and financial services in Switzerland and Morocco, investment banking in Bahrain and Pakistan, commercial and retail banking in the Persian Gulf region and other parts of the world. Additionally, DMI Trust operates the group of investment companies with affiliates in Bahrain, Egypt, Pakistan, Qatar and the United Arab Emirates.
Notable personnel[]
- – chairman until October 17, 1983; according to Douglas Farah, Kamel was among the early financial backers of the Muslim Brotherhood.
- Prince Mohammed bin Faisal Al Saud – chairman after 1983.
- Omar A. Ali – CEO from 1986 to 1999.
- – became chairman in 2002.
- – BOS member
References[]
- Banks established in 1981
- Organizations established in 1981
- Organizations disestablished in 2002
- Islamic banks
- Swiss companies established in 1981
- Banks of Switzerland