1 | Abu Dhabi Commercial Bank (ADCB) | HQ: Abu DhabiAbu Dhabi Commercial Bank PJSC (ADCB, former Khalij Commercial Bank) is one of the leading banks in the United Arab Emirates. It is the third largest bank in the UAE and second largest in Abu Dhabi by assets. ADCB has 45 branches in the UAE, 2 branches in India and an offshore banking unit in the Cayman Islands. Total assets: AED 181 billion (as of March 31, 2011). Market capitalisation: AED 12 billion (as of March 31, 2011). Net profit: AED 583 million (Q1 2011). |
2 | Ajman Bank | HQ: AjmanAjman Bank PJSC is the first Shariah based Islamic bank incorporated and headquartered in the Emirate of Ajman and it intends to become one of the favourite financial services providers across the UAE. |
3 | Barclays Bank UAE | HQ: DubaiBarclays Bank UAE is a wholly-owned subsidiary of Barclays (UK), a major global financial services provider engaged in retail banking, credit cards, corporate and investment banking and wealth management with an extensive international presence in Europe, the Americas, Africa and Asia. Barclays UAE offers various financial products and services, such as bonds, derivatives, collateralized finance, futures, equity products, and securitization to corporate, government, and institutional clients. |
4 | Dubai Bank | HQ: DubaiDubai Bank is one of the largest Islamic banking and financial services organizations in Dubai. Dubai Bank carries out banking services, financing and investing activities through various Islamic instruments such as Murabaha, Mudaraba, Ijarah and Wakala. |
5 | Dubai First | HQ: DubaiDubai First is one of the leading consumer finance companies in the UAE specializing in liability and credit card products. The company strategy is based on building sustainable long term value through innovation in harnessing a genuine customer service experience. |
6 | Dubai Islamic Bank (DIB) | HQ: DubaiDubai Islamic Bank PJSC (DIB) is the first Islamic bank to have incorporated the principles of Islam in all its practices and is the largest Islamic bank in the UAE. The Bank's shares are listed on the Dubai Financial Market. DIB is the UAE's largest Islamic bank by market capitalization and its sixth largest bank including the conventional banks. Total assets: AED 90,588 million (as of December 31, 2011). Net profit: AED 1,010 million (2011). |
7 | Emirates Investment Bank (EIBank) | HQ: DubaiEmirates Investment Bank (formerly Arab Emirates Investment Bank or EIBank) is a UAE based banking boutique. EIBank is organized along two primary business lines - Private Banking and Investment Banking. EIBank maintains an uncomplicated and highly liquid balance sheet providing us with the flexibility to respond favourably to the varied requirements of our clients with total confidence in the soundness of our position. Total assets: AED 1.056 billion (as of December 31, 2010). Net profit: AED 20.348 million (2010). |
8 | Emirates Islamic Bank | HQ: DubaiEmirates Islamic Bank PJSC (EIB) specializes in providing high quality Islamic banking services across the UAE. The Bank offers a range of Shari'a compliant products and services conforming to the highest standards of Islamic finance and all activities are overseen by a Shari'a board comprising several prestigious scholars of Islamic law. |
9 | Emirates NBD | HQ: DubaiEmirates NBD is the largest banking group in the Middle East in terms of assets. The Group is a major player in the corporate banking arena. With a fast growing Islamic banking affiliated entities, strong investment and private banking services and a leadership in the field of asset management products and Brokerage services, Emirates NBD is well positioned to grow and deliver outstanding value to its shareholders, customers, and employees. |
10 | HSBC Bank Middle East | HQ: Bur DubaiHSBC Bank Middle East (HSBC UAE) is a principal member of the HSBC Group. HSBC UAE provides a full range of personal financial and wealth management services, wholesale advisory, debt finance, risk management, treasury and capital markets, investment, Islamic and private banking services, custody and commercial banking services to large companies, institutions and governments in the Middle East. |
11 | Mashreq Bank | HQ: DubaiMashreqbank PSC is one of the leading financial institutions in the United Arab Emirates with a growing retail presence in the region including Egypt, Qatar, Kuwait and Bahrain. Mashreq also has 12 overseas offices in 9 countries, including Europe, US, Asia and Africa. Total assets: AED 85 billion (as of December 31, 2010). Net profit: AED 803 million (2010). |
12 | Noor Islamic Bank (NIB) | HQ: DubaiNoor Islamic Bank PJSC (NIB) is a full service bank delivering the broadest range of products for its customers, with an emphasis on unique and personalized services. Noor Islamic Bank's products and services are governed by a Shari'a Board, comprising leading Islamic scholars with extensive experience and expertise in legal, financial and banking-related matters. Noor Islamic Bank has locations across the UAE in the Emirates of Abu Dhabi, Dubai and Sharjah, and has a representative office in Tunisia which is managed out of Dubai. Total assets: AED 16,877 million (as of December 31, 2011). Net profit: AED 49 million (2011). |
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