Last --
Change Today 0.00 / 0.00%
Volume 0.0
EIB On Other Exchanges
Symbol
Exchange
All times are local (Market data is delayed by at least 15 minutes).

emirates islamic bank (EIB) Snapshot

Open
--
Previous Close
--
Day High
--
Day Low
--
52 Week High
-- - --
52 Week Low
-- - --
Market Cap
--
Average Volume 10 Days
0.0
EPS TTM
0.07
Shares Outstanding
3.9B
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for EMIRATES ISLAMIC BANK (EIB)

Related News

No related news articles were found.

emirates islamic bank (EIB) Related Businessweek News

No Related Businessweek News Found

emirates islamic bank (EIB) Details

Emirates Islamic Bank PJSC provides commercial and banking services; and 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; project finance; finance for construction of warehouses, commercial/residential properties, etc.; and export finance services. In addition, it offers letters of credit and letters of guarantee; transaction banking services; payroll solutions; financial brokerage services; treasury services; priority banking services; and online, SMS, and phone banking services. Further, the company invests in investment securities, Sukuk, funds, and real estate sector; and is involved in the Murabaha deals with Emirates NBD PJSC. It primarily serves individuals, corporate customers, small businesses, and large corporations through 50 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

Chief Executive Officer
Total Annual Compensation: --
Head of Finance
Total Annual Compensation: --
Deputy Chief Executive Officer of Consumer We...
Total Annual Compensation: --
Deputy Chief Executive Officer of Wholesale B...
Total Annual Compensation: --
Head of Shari'a
Total Annual Compensation: --
Compensation as of Fiscal Year 2014.

emirates islamic bank (EIB) Key Developments

Emirates Islamic Reports Earnings Results for the Second Quarter and First Half of 2014

Emirates Islamic reported earnings results for the second quarter and first half of 2014. For the quarter, the bank's net profits were up 70.3% at AED 132.49 million compared to AED 77.78 million in the second quarter of last year. For the first half, the bank’s net profit was up 104% at AED 226.46 million.

Emirates Islamic Launches Emirates Islamic Cash Back Card

Emirates Islamic has launched the "Emirates Islamic Cash Back Card," offering cardholders up to 10% cash back, on spends. Combining a range of unique features and benefits to maximise value for money for customers, the Sharia-compliant Visa card features cash back on all purchases including exclusive 10% cash back on all telecom, Internet and TV subscription spends at Etisalat and Du and up to 5% cash back on purchases at electronic stores. The Emirates Islamic Cash Back Card is also linked to the bank's Mazaya Offers platform, enabling customers to get unmatched benefits, discounts and privileges at restaurants and retailers across the UAE. Additionally, the card also gives access to 0% Easy Payment plans and includes visa platinum exclusive offers.

Emirates Islamic Bank Reports Earnings Results for the First Quarter of 2014

Emirates Islamic Bank reported earnings results for the first quarter of 2014. For the quarter, the company reported a net profit of AED 93.96 million for the first quarter of 2014 compared to AED 33.23 million in the same period last year. Income (net of customers' share of profit) for the period witnessed an increase of 30% to AED 420 million from the comparable previous period of AED 323 million. Net financing and investing receivables grew by 2% to AED 24.4 billion from the end of 2013. The bank’s total income for the first quarter of the year was up 15.6% at AED 512 million compared to AED 442.9 million in the same quarter last year. While income from financing activities were at AED 312.94 million compared to AED 275.16 million in the comparable period last year, the fees and commission income grew 28.41% to AED 75.60 million in the first three months of this year compared to the first quarter of 2013. The bank’s net operating profit for the first quarter of the year was AED 185.65 million up 28% compared to AED 145.15 million reported in the same quarter last year.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
EIB:UH 0.00 AED 0.00

EIB Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for EIB.
View Industry Companies
 

Industry Analysis

EIB

Industry Average

Valuation EIB Industry Range
Price/Earnings -- Not Meaningful
Price/Sales -- Not Meaningful
Price/Book -- Not Meaningful
Price/Cash Flow -- Not Meaningful
TEV/Sales -- Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact EMIRATES ISLAMIC BANK, please visit www.emiratesislamicbank.ae. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.