- Iraq's state-owned Trade Bank eyes Lebanon, Turkey
- The Bader Fund invests $1.1 million in three Lebanese startups seeking expansion
- KFH-Malaysia takes part in IFSB meetings
- The 9th Financial Technology Summit to discuss the Bank of the Future
- Group Majid Al Futtaim proposed subordinated perpetual notes assigned 'BB+' Issue Rating
- Mashreq launches of Snapp Mobile Banking
- NBK Capital completes exit of DunyaGoz
- UAE Banks Federation Advisory Council reviews latest developments on banking
- Tunisia in talks with Qatar over central bank deposit
- NASDAQ Dubai Academy launches course in corporate governance
Ithmaar Bank B.S.C.
| Financial | 2010 | 2011 | $ Growth | % Growth |
|---|---|---|---|---|
| Total Assets | 6,747,467,000 | 6,899,420,000 | 151,953,000 | 2.25% |
| Total Liabilities | 4,657,498,000 | 4,613,277,000 | -44,221,000 | -0.95% |
| Total Income | 438,429,000 | 451,038,000 | 12,609,000 | 2.88% |
| Net Attributable | -140,008,000 | -61,906,000 | 78,102,000 | 55.78% |
| Return On Assets | -2.17% | -0.87% | 60.04% |
Executive Management
HRH Prince Amr Mohammed Al Faisal has more than 24 years of experience in commercial and investment banking, executive management, architecture and engineering. He is a member of the Board of Supervisors of Dar Al Maal Al Islami Trust, Faisal Islamic Bank and Faisal Islamic Bank and Chairman of the Board of Directors of Al Daleel Information Systems. Heis also Founder and Director of the Red Sea Bureau for Engineering Consultancy, Al Daleel Company For Information Systems, Al Wadi Company For Trading (Jeddah) and Amr Establishment for Marketing and Commerce. HRH Prince Amr holds a Bachelor of Arts Degree in Architecture from King Abdulaziz University, Saudi Arabia.
Mohammed Abdul Rahman Bucheerei is the CEO of the Private Offices of HRH Prince Mohamed Al Faisal Al Saud, Saudi Arabia. Prior to this appointment he worked as Executive Vice President of Shamil Bank of Bahrain. He is a member of the Board of Faysal Bank in Pakistan, Islamic Investmetn Compnay of the Gulf in the Bahamas, Overland Capital Group in the US, Silital Egypt and Solidarity Group in Bahrain. He has nearly 40 years of experience in accounting, commercial and offshore banking.