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Ithmaar Bank

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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.

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Auto-generated profile. Facts compiled by Executive Moves' AI editorial assistant from publicly available news and press releases on 22 May 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.