Ithmaar banking group sponsors International Takaful Summit in London

Notes and media contacts

For more information, please contact:
Bassel Hanbali- Head of Corporate Communications & Marketing, Solidarity
Or
May Marzooq - Senior Marketing Communications Officer
Tel: +973 17 578777
Fax: +973 17 578787

About Ithmaar baking group:

The Ithmaar banking group, through its subsidiaries and affiliates, covers a wide range of financial services, including investments, commercial and private banking, private equity, private issue of securities, mergers and acquisitions advice, Takaful, equipment leasing and real estate development.

Ithmaar Bank is a globally focused Investment Bank based in Bahrain, with business spanning the Middle East, North Africa and South Asia (MENASA) region, as well as Asia-Pacific and Europe. Besides holding significant investments in the banking, financial services and real estate sectors in different markets, the main activities of the Bank include underwriting (equity and other financings), private equity (structuring, participation and portfolio management), Islamic financing, private banking, and advisory services covering project financing, investments, capital markets and mergers & acquisitions.

Shamil Bank of Bahrain is a leading Islamic commercial and investment bank providing a diverse range of Sharia compliant products and services that cater to the financing and investment needs of individuals and institutions.

Solidarity, one of the largest Takaful companies in the world, with US$ 150 million in paid up capital, provides family & general Takaful (Islamic Insurance) products that comply with the Islamic Sharia across the globe.

First Leasing Bank, the first bank in the region dedicated exclusively to high quality equipment leasing in the GCC, offers solutions for the industrial, manufacturing, medical, printing and publishing, telecommunications, IT, transportation and marine industries, amongst others.

Ithmaar Development Company is the developer and manager of Ithmaar Bank's infrastructure development projects and other high quality real estate and tourism-related ventures. The company also provides real estate consultancy services and facility management services.

Faisal Private Bank is the first Swiss bank exclusively dedicated to innovative wealth and asset management in accordance with the principles of Islamic finance. The Bank offers a banking model that is highly personalized, global and competitive; resulting from its deep experience in the Swiss private banking sector and the unique ethical heritage.

Faysal Bank Limited is a full service banking institution incorporated in Pakistan and offers consumer, corporate and investment banking facilities to its customers. The Bank provides efficient services through a wide network and spread of branches all over Pakistan with its head office located in Karachi and corporate offices in all major cities.