Noor Bank

Noor Bank
FormerlyNoor Islamic Bank
Company typePrivate
IndustryBanking, Financial services
Founded2008
Headquarters,
Key people
  • John Iossifidis (CEO)
  • Mahendra Gursahani (COO)
Total assetsIncreaseDh50,719,198,000 (2018[1])
Total equityIncreaseDh6,010,827,000 (2018[1])
ParentNoor Investment Group
Websitewww.noorbank.com

Noor Bank (formerly Noor Islamic Bank) was established in January 2008, in Dubai, United Arab Emirates.

In 2018, the bank was ranked the 11th largest bank in the UAE in terms of asset size.

Noor Bank is a full-service Shari’a-compliant bank, offering a range of products and services - in corporate and personal banking, wealth management, Takaful (Islamic insurance), treasury and trading. It has presence across the country, at multiple locations in Abu Dhabi, Dubai, Sharjah and Al Ain.

In addition to the Board of Directors, Noor Bank is also supervised by a Shari’a Supervisory Committee, and a team of scholars oversee and ensure Islamic compliance on all legal documentations, financial, products, services and banking matters.

  1. ^ a b "Noor Bank Directors' Report" (PDF). Noor Bank. 31 December 2015. Retrieved 23 September 2016.