Knowledge (XXG)

Noor Bank

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Noor Bank is a full-service Shari’a-compliant bank, offering a range of products and services - in corporate and personal banking, wealth management, Takaful (Islamic insurance), treasury and trading. It has presence across the country, at multiple locations in Abu Dhabi, Dubai, Sharjah and Al Ain.
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In addition to the Board of Directors, Noor Bank is also supervised by a Shari’a Supervisory Committee, and a team of scholars oversee and ensure Islamic compliance on all legal documentations, financial, products, services and banking matters.
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list by Bloomberg. That year, Noor Bank posted a net profit of US$ 139 million for the period ended December 31, 2008. After reporting an operating loss of US$ 2.5 million in the first half of 2010, the bank realized an
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In May 2008, the bank launched the first 24-hour, seven-days-a-week branch in the UAE. In November 2008, the bank opened a 24/7 branch at the Dubai Airport. In February 2009, the bank was ranked in the top ten
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In 2013, Noor Bank launched Noor Trade, a division of the bank directed at servicing small and medium enterprises (SMEs). Noor Trade is composed of two divisions, Business Banking and Emerging Corporates.
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On 7 January 2014, the bank dropped 'Islamic' from its name, becoming 'Noor Bank' as part of a rebranding effort. That same year, the bank reported that its income had tripled.
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opened Noor Bank to the public on January 7, 2008. The bank's products and services are governed by a Shari’a Board, composed primarily of
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from the fields of law and finance. Noor Bank is a subsidiary of Noor Investment Group LLC and a sister company of Noor Takaful.
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As of 2016, Sheikh Ahmed Bin Mohammad Bin Rashid Al Maktoum is the bank's chairman, and the board of directors includes
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In 2018, the bank was ranked the 11th largest bank in the UAE in terms of asset size.
679: 414:"Noor's Al Qemzi Named CEO of the Year- Best Islamic Bank at the CEO ME Awards 2010" 516:"Noor Islamic Bank Posts AED 85 Million Net Profit for the Period Ending June 30th" 440: 17: 418: 231:
of US$ 56.4 million by the second quarter of 2011. Noor Bank partnered with
37: 441:"Noor Islamic Bank First in Middle East to Operate Round-The-Clock Branch" 542:"Noor to Offer Non-UAE Resident Mortgages for Emaar's Property Projects" 64: 636:"Noor Bank Profit Triples as Sharia Lender Rides Economic Recovery" 129: 87: 565:"Noor Trade To Expand its Network and Double its Team This Year" 342:"Noor Islamic Bank: Services, Banks & Financial Services" 176: 491:"Noor Islamic Bank Emerges Top UAE Lead Arranger for 2008" 235:in 2013 to provide mortgages to non-UAE residents. 171: 161: 144: 127: 100: 82: 74: 60: 52: 44: 587:"Noor Islamic rebranded to extend market reach" 367:"Dubai-Based Investors Plan $ 1Bn Islamic Bank" 392:"Noor Islamic May Spend $ 2 Bln on Single Buy" 8: 30: 27:Islamic bank in Dubai, United Arab Emirates 295:"Mohammed Opens Dubai's Noor Islamic Bank" 36: 29: 691:Islamic banks of the United Arab Emirates 563:Das Augustine, Babu (15 February 2015). 258: 264: 262: 613:"Noor Bank Rebrands and Mulls an IPO" 540:Hunger, Gregor Stuart (4 June 2013). 212:Sheikh Mohammed bin Rashid Al Maktoum 7: 25: 634:Kassem, Mahmoud (31 March 2014). 153: 152: 136: 135: 611:Kane, Frank (7 January 2014). 317:"Two New Islamic Banks in '07" 1: 275:. Noor Bank. 31 December 2015 270:"Noor Bank Directors' Report" 140:Dh50,719,198,000 (2018) 157:Dh6,010,827,000 (2018) 707: 686:Banks established in 2008 35: 247:Sultan Ahmed bin Sulayem 224:mandated lead arrangers 371:The Peninsula (Qatar) 167:Noor Investment Group 658:"Board of Directors" 116:Mahendra Gursahani ( 94:United Arab Emirates 567:. Gulf News Banking 32: 69:Financial services 520:Albawaba Business 187: 186: 109:John Iossifidis ( 48:Noor Islamic Bank 18:Noor Islamic Bank 16:(Redirected from 698: 670: 669: 667: 665: 654: 648: 647: 645: 643: 631: 625: 624: 622: 620: 608: 602: 601: 599: 597: 583: 577: 576: 574: 572: 560: 554: 553: 551: 549: 537: 531: 530: 528: 526: 512: 506: 505: 503: 501: 487: 481: 480: 478: 476: 470:Arabian Business 462: 456: 455: 453: 451: 437: 431: 430: 428: 426: 410: 404: 403: 401: 399: 388: 382: 381: 379: 377: 363: 357: 356: 354: 352: 338: 332: 331: 329: 327: 315:Husain, Shakir. 312: 306: 305: 303: 301: 291: 285: 284: 282: 280: 274: 266: 233:Emaar Properties 229:operating profit 216:Islamic scholars 183: 180: 178: 156: 155: 149: 139: 138: 132: 40: 33: 21: 706: 705: 701: 700: 699: 697: 696: 695: 676: 675: 674: 673: 663: 661: 656: 655: 651: 641: 639: 633: 632: 628: 618: 616: 610: 609: 605: 595: 593: 585: 584: 580: 570: 568: 562: 561: 557: 547: 545: 539: 538: 534: 524: 522: 514: 513: 509: 499: 497: 489: 488: 484: 474: 472: 464: 463: 459: 449: 447: 439: 438: 434: 424: 422: 412: 411: 407: 397: 395: 390: 389: 385: 375: 373: 365: 364: 360: 350: 348: 340: 339: 335: 325: 323: 321:Gulf News (UAE) 314: 313: 309: 299: 297: 293: 292: 288: 278: 276: 272: 268: 267: 260: 255: 209: 175: 145: 128: 123: 103: 96: 90: 28: 23: 22: 15: 12: 11: 5: 704: 702: 694: 693: 688: 678: 677: 672: 671: 649: 638:. 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Reuters 190:Noor Bank 179:.noorbank 31:Noor Bank 525:14 March 500:14 March 475:14 March 450:14 March 425:14 March 398:14 March 376:14 March 351:14 March 326:14 March 300:14 March 61:Industry 45:Formerly 207:History 172:Website 75:Founded 65:Banking 56:Private 163:Parent 445:Zawya 273:(PDF) 88:Dubai 666:2016 644:2016 621:2016 598:2014 573:2016 550:2016 527:2013 502:2013 477:2013 452:2013 427:2013 400:2013 378:2013 353:2013 328:2013 302:2013 281:2016 181:.com 78:2008 177:www 118:COO 111:CEO 682:: 589:. 518:. 493:. 468:. 443:. 416:. 369:. 344:. 319:. 261:^ 249:. 91:, 67:, 668:. 646:. 623:. 600:. 575:. 552:. 529:. 504:. 479:. 454:. 429:. 402:. 380:. 355:. 330:. 304:. 283:. 120:) 113:) 20:)

Index

Noor Islamic Bank

Banking
Financial services
Dubai
United Arab Emirates
CEO
COO
Total assets
Total equity
Parent
www.noorbank.com
Sheikh Mohammed bin Rashid Al Maktoum
Islamic scholars
mandated lead arrangers
operating profit
Emaar Properties
Sultan Ahmed bin Sulayem


"Noor Bank Directors' Report"
"Mohammed Opens Dubai's Noor Islamic Bank"
"Two New Islamic Banks in '07"
"Noor Islamic Bank: Services, Banks & Financial Services"
"Dubai-Based Investors Plan $ 1Bn Islamic Bank"
"Noor Islamic May Spend $ 2 Bln on Single Buy"
"Noor's Al Qemzi Named CEO of the Year- Best Islamic Bank at the CEO ME Awards 2010"
Al Bawaba
"Noor Islamic Bank First in Middle East to Operate Round-The-Clock Branch"
"His Highness Sheikh Ahmed bin Saeed Al Maktoum Inaugurates Noor Islamic Bank's Branch at Dubai Airport Terminal 3"

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