Ithmaar Bank is a Bahrain-based Islamic retail bank that is licensed and regulated by the Central Bank of Bahrain and provides retail, commercial, treasury & financial institutions and other banking services. The bank's headquarters is located at Seef Tower, Seef District, Manama, Bahrain. Ithmaar Bank is a wholly-owned subsidiary of Ithmaar Holding B.S.C., which is listed on the Bahrain Bourse and Boursa Kuwait.
Ithmaar Bank provides a diverse range of Sharia-compliant products and services that cater to the financing and investment needs of individuals and institutions. The bank maintains a presence in overseas markets through its subsidiary, Faysal Bank Limited (Pakistan). As of November 2024, the bank has annual revenue of approximately $75 million and approximately 222 employees across 5 continents.
Recent Leadership News
Maysan Almaskati, Head of Business Banking, has been promoted to the role of Chief Executive Officer of Ithmaar Holding & Ithmaar Bank. The bank has appointed Amr Alshaher as Head of Corporate Banking, reporting to Assistant General Manager, Business Group, Mohammed Ali Safar.
Facts compiled by Executive Moves from publicly available news and press releases on 22 May 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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