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Last 1.51 AED
Change Today 0.00 / 0.00%
Volume 0.0
EIB On Other Exchanges
As of 6:05 AM 11/26/14 All times are local (Market data is delayed by at least 15 minutes).

emirates islamic bank (EIB) Snapshot

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emirates islamic bank (EIB) Details

Emirates Islamic Bank PJSC provides commercial and banking services. It also offers various products through Islamic financing and investing instruments in accordance with Islamic Sharia. The company operates through Corporate and Investment, Retail, and Treasury segments. It offers current and saving accounts, investment saving accounts, investment term deposits, and fixed deposits; debit and credit cards; personal, auto, home, and commercial property financing services, as well as financing against shares; and working capital and fixed assets finance. The company also provides trade finance products; vehicle fleet, buses, and heavy trucks finance; initial public offering finance; and project finance, as well as finance for commercial properties, such as office space, retail space, warehouses, labor camps, processing units, residential complexes, etc. In addition, it offers letters of credit and letters of guarantee; payroll solutions; priority banking services; and online, SMS, and phone banking services. Further, the company invests in investment securities, funds, and real estate sector, as well as Sukuks, Islamic debt investments that are issued by a government body or a company to lenders; and is involved in the Murabaha deals with Emirates NBD PJSC. It primarily serves individuals, corporate customers, small businesses, and large corporations through approximately 56 branches. The company was incorporated in 1975 and is headquartered in Dubai, the United Arab Emirates. Emirates Islamic Bank PJSC is a subsidiary of Emirates NBD PJSC.

Founded in 1975

emirates islamic bank (EIB) Top Compensated Officers

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Deputy Chief Executive Officer of Consumer We...
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Deputy Chief Executive Officer of Wholesale B...
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Head of Shari'a
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Compensation as of Fiscal Year 2015.

emirates islamic bank (EIB) Key Developments

Emirates Islamic Reports Earnings Results for the First Half of 2015

Emirates Islamic reported earnings results for the first half of 2015. The company's 2015 first-half net profit surged 97% at AED 447 million. Total operating income (net of customer share of profit) grew by 33% to AED 1.22 billion compared to the same period last year. The strong performance of the bank can be attributed to increased customer acquisition with growth exceeding 10% in customer base over the past year.

Emirates Islamic Bank PJSC, Board Meeting, Jul 14, 2015

Emirates Islamic Bank PJSC, Board Meeting, Jul 14, 2015., at 15:30 Indian Standard Time. Agenda: To consider consolidated financial statements for 02 2015; and to consider any other business.

Emirates Islamic Bank Announces First Quarter Earnings Results for the Year 2015

Emirates Islamic Bank announced earnings results for the first quarter ended March 31, 2015. For the quarter, the company announced a net profit of AED194 million, an increase of 106% over the same period last year. Total income (net of customers share of profit) grew by 58% to AED 666 million compared to AED 420 million in the same period of 2014. The bank's pre-impairment operating profit for the quarter was up 58% year on year to AED 523 million.


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