Ithmaar Bank

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Ithmaar Bank

Ithmaar Bank headquarters
Industry	Banking, financial services
Founded	1982; 40 years ago (1982)
Headquarters	Seef Tower, Manama , Kingdom of Bahrain
Area served	Bahrain, Pakistan
Key people	Chairman Ahmed Abdul Rahim Chief Executive Officer Abdulhakeem Khalil AlMutawa Deputy Chief Executive Officer, Banking Group
Products	Private 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)
Operating income	BHD83.586 Million (2019)
Net income	2.480 Million (2019)
Total assets	2.979 Billion (2019)
Total equity	79.171 Million (2019)
Website	IthmaarBank.com

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 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

External links[]

• Official website

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