EIB – Emirates Islamic Bank PJSC


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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

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Company Profile

Emirates Islamic Bank PJSC (EIB) is a United Arab Emirates-based bank engaged in the provision of Sharia-compliant banking solutions through 49 branches across the United Arab Emirates. The Bank’s activities are structured into three segments: Corporate and Investment, Retail, and Treasury. The Corporate and Investment segment provides to corporate customers a range of products and services and accepts their deposits, and invests in investment securities, Sukuk, Funds and Real Estate. The Retail segment provides a range of products and services to individuals, and accepts their deposits. The Treasury segment includes Murabaha deals with the Bank’s parent Company, Emirates NBD PJSC. The Bank’s subsidiaries include Emirates Islamic Financial Brokerage Co. LLC and Ithmar Real Estate Development Co. PSC.

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