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Insights

Expansion Strategy Ithmaar Bank has been actively expanding its presence by opening new branches and offices, such as the recent moves to Hamad Town and partnering with Tarabut Gateway in Dubai. This expansion indicates potential opportunities for collaboration with businesses in these regions and for offering banking services to new customer segments.

Tech Innovation Ithmaar Bank is leveraging cutting-edge technology in its operations, including the launch of a mobile application, introduction of next-generation ATMs, and utilization of tech tools like AngularJS and Drupal. This tech focus presents opportunities for partnerships with technology solution providers and fintech companies to enhance the bank's digital offerings.

Acquisition History With recent acquisitions by GFH Financial Group and asset sales to Al Salam Bank, Ithmaar Bank's evolution through strategic deals showcases potential opportunities for collaboration with the acquiring entities, as well as chances to offer specialized financial services tailored to the needs of the newly acquired customer bases.

Industry Recognition Ithmaar Bank's receipt of the 'Best Bank Loyalty Programme' Award from Mastercard signifies a strong reputation in the banking industry and presents opportunities to attract customers looking for loyalty benefits and rewards programs. Leveraging this recognition could enhance customer acquisition and retention strategies.

Market Positioning Being a Sharia-compliant Islamic bank, Ithmaar Bank appeals to a specific customer segment seeking ethical and Sharia-compliant financial services. This unique positioning opens up opportunities for partnerships with Islamic organizations, mosques, and community groups to cater specifically to this niche market segment.

Similar companies to Ithmaar Bank

Ithmaar Bank Tech Stack

Ithmaar Bank uses 8 technology products and services including Facebook Pixel, Drupal, Google Font API, and more. Explore Ithmaar Bank's tech stack below.

  • Facebook Pixel
    Analytics
  • Drupal
    Content Management System
  • Google Font API
    Font Scripts
  • AngularJS
    Javascript Frameworks
  • Highcharts
    Javascript Graphics
  • reCAPTCHA
    Security
  • Microsoft ASP.NET
    Web Frameworks
  • IIS
    Web Servers

Media & News

Ithmaar Bank's Email Address Formats

Ithmaar Bank uses at least 1 format(s):
Ithmaar Bank Email FormatsExamplePercentage
First.Last@ithmaarbank.comJohn.Doe@ithmaarbank.com
91%
Last@ithmaarbank.comDoe@ithmaarbank.com
4%
FLast@ithmaarbank.comJDoe@ithmaarbank.com
3%
FMLast@ithmaarbank.comJMDoe@ithmaarbank.com
2%

Frequently Asked Questions

Where is Ithmaar Bank's headquarters located?

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Ithmaar Bank's main headquarters is located at Seef Tower, Seef District, Manama, BH. The company has employees across 5 continents, including AsiaAfricaEurope.

What is Ithmaar Bank's phone number?

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You can contact Ithmaar Bank's main corporate office by phone at . For more prospecting data, LeadIQ has access to up-to-date and accurate contact information within our platform. Find, capture, and sync contact data to your CRM and sales tools in one click.

What is Ithmaar Bank's official website and social media links?

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Ithmaar Bank's official website is ithmaarbank.com and has social profiles on LinkedIn.

How much revenue does Ithmaar Bank generate?

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As of August 2024, Ithmaar Bank's annual revenue reached $75M.

What is Ithmaar Bank's SIC code NAICS code?

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Ithmaar Bank's SIC code is 6029 - Commercial Banks, Not Elsewhere Classified NAICS code is 52211 - Commercial Banking.

How many employees does Ithmaar Bank have currently?

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As of August 2024, Ithmaar Bank has approximately 225 employees across 5 continents, including AsiaAfricaEurope. Key team members include Chief Financial Officer: S. M.Head Of Treasury: R. F.Head Of Compliance & Aml: B. R.. Explore Ithmaar Bank's employee directory with LeadIQ.

What industry does Ithmaar Bank belong to?

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Ithmaar Bank operates in the Banking industry.

What technology does Ithmaar Bank use?

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Ithmaar Bank's tech stack includes Facebook PixelDrupalGoogle Font APIAngularJSHighchartsreCAPTCHAMicrosoft ASP.NETIIS.

What is Ithmaar Bank's email format?

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Ithmaar Bank's email format typically follows the pattern of . Find more Ithmaar Bank email formats with LeadIQ.

When was Ithmaar Bank founded?

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Ithmaar Bank was founded in 1982.
Ithmaar Bank

Ithmaar Bank

BankingManama, Bahrain201-500 Employees

Ithmaar Bank B.S.C. (closed) (“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.
Ithmaar Bank is a wholly-owned subsidiary of Ithmaar Holding B.S.C. (formerly named Ithmaar Bank 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. Ithmaar also maintains a presence in overseas markets through its subsidiary, Faysal Bank Limited (Pakistan).

Section iconCompany Overview

Headquarters
Seef Tower, Seef District, Manama, BH
Phone number
SIC Code
6029 - Commercial Banks, Not Elsewhere Classified
NAICS Code
52211 - Commercial Banking
Founded
1982
Employees
201-500

Section iconFunding & Financials

  • $50M$100M

    Ithmaar Bank's revenue is in the range of $50M$100M

Section iconFunding & Financials

  • $50M$100M

    Ithmaar Bank's revenue is in the range of $50M$100M

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