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  1. Homepage
  2. Equities
  3. United Arab Emirates
  4. Dubai Financial Market
  5. Ajman Bank PJSC
  6. Company
    AJMANBANK   AEA003201018


Business Summary
Ajman Bank PJSC is a United Arab Emirates-based public shareholding company engaged in banking, financial and investment activities according to Islamic Sharia principles. The Bank offers its products through various Islamic instruments, including Murabaha, Wakala, Sukuk and Ijarah. The Bank operates through three business segments: The Retail banking segment offers current accounts, savings accounts, deposits, credit and debit cards, personal finance and real estate finance for private customers; The Corporate banking segment includes investments in Islamic financing and investment products, deposits and trade finance transactions for corporate bodies, including government and public bodies, and the Treasury segment provides treasury services, money market, foreign exchange transaction with other banks and financial institutions, including the Central Bank of the United Arab Emirates (UAE). The Bank operates 10 branches and two pay offices located across the United Arab Emirates.
Sales per Business
Corporate Banking324.4525.5%394.0237.1% +21.44%
Consumer Banking109.388.6%102.979.7% -5.86%
Treasury143.2711.3%77.207.3% -46.12%
Investments56.804.5%44.134.2% -22.31%
AED in Million
Sales per region
United Arab Emirates636.0450%614.6857.9% -3.36%
AED in Million
Name Title Age Since
Mohammed Abdul Rahman Amiri Chief Executive Officer - 2010
Seifeldin Abdelkareem Chief Financial Officer - 2013
Hajar Mohamed AlMaazmi Head-Information Technology - -
Salem Al-Shamsi Chief Operating Officer - 2008
Abdul Nasser Al-Mannaei VP & Head-Shariah Compliance - -
K. P. Rafeek Group Head-Treasury & Capital Markets - 2008
Hussain Hamed Hassan, Dr. Chairman-Shariah Board 89 -
Jasem Ali Salem Al-Shamsi, Dr. Member-Shariah Board - -
Ibrahim Ali Ahmed Al-Shall Al Teneji, Dr. Member-Shariah Board - -
Mohamed Abdel Hakim Mohamed Zuair, Dr. Member-Shariah Board - -
Members of the board
Name Title Age Since
Ammar bin Humaid Rashed Al-Nuaimi, Sheikh Chairman - -
Rashid bin Humaid Rashid Al-Nuaimi, Sheikh Vice Chairman - -
Ali Abdullah Ali Al-Hamrani Director - -
Yousef Ali Fadil bin Fadil Director - -
Mohammed Hussain Mohammed Al-Shaali Director - -
Mohammed Abdullah Hassan Al-Hosani Director - -
Khalid Jassim Mohammed bin Kalban Director 64 -
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 2,100,000,000 1,119,195,000 53.3% 0 0.0% 53.3%
Emirate of Ajman (United Arab Emirates) 550,869,900 26.2%
Humaid Rashed Humaid Alnuaimi 219,975,000 10.5%
Salem Abdulla Salem Al-Hosani 210,000,000 10.0%
SSgA Funds Management, Inc. 1,709,789 0.081%
Dimensional Fund Advisors LP 548,406 0.026%
DFA Australia Ltd. 1,187 0.0001%
WAHAT AL ZAWEYA HOLDING PJSC (ANAN) 250,000,000 10.8% 200,100,000 USD
DANA GAS PJSC (DANA) 391,104,340 5.59% 116,060,213 USD
ISLAMIC ARAB INSURANCE CO. (SALAMA) PJSC (SALAMA) 151,250,000 12.5% 34,795,063 USD
TAKAFUL EMARAT - INSURANCE (PSC) (TAKAFUL-EM) 34,000,050 22.7% 13,699,300 USD
GULF NAVIGATION HOLDING PJSC (GULFNAV) 137,660,516 13.5% 11,692,884 USD
Company contact information
Ajman Bank PJSC
A&F Towers
Sheikh Khalifa Street

Phone : +971.6.747.9999
Fax : +971.6.747.9990
Web : http://www.ajmanbank.ae
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