| About Private Banking
Ithmaar’s Private Banking division serves high net worth individuals, corporate entities and institutional investors, providing private banking services, financial advice and investments. It offers exclusively Sharia-compliant products and client-focused services.
As an Ithmaar Private Banking client, your own financial and investment aspirations and preferences have the full focus of the Bank’s highly dedicated Private Relationship Management team. Ithmaar Private Banking is a discreet service where your needs dictate tailored solutions and your financial status demands the most appropriate financial planning.
Ithmaar’s Private Banking advisors are expert financial partners who seek to manage, grow and protect your wealth.
Ithmaar offers a wide range to services, including investment planning, portfolio management and wealth management. As a private banking client, you enjoy a dedicated Relationship Manager with a full complement of day-to-day banking services, electronic banking access, personal cheques, credit cards, bank drafts and more – all immediately available and individually tailored to your particular requirements.
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About Asset Management
This Division plays a vital role in managing the Bank’s financial investments and monitoring its strategic investments.
Once focused on investment and acquisition, its primary aim is now to ensure that the Bank’s assets are properly managed. The Division’s goal is to protect and enhance the values of the assets and identify divestment opportunities in order to maximize returns.
The portfolio under the Division’s management is about US$1.3 billion diversified by sector and by geography.
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