Ithmaar Bank’s Private Banking Department serves high net worth individuals, family investment offices, corporate entities and Financial Institutions situated in the region. The Department provides personalised private banking services for high net worth clients and institutions through a close understanding of clients’ needs, and an ability to meet those needs proactively.
The Department offers Sharia compliant client-focused banking services. The Private Banking Department has successfully led several private placements, including, the US$185 million Dilmunia Health Island Real Estate Fund, and they also work with other major business groups in the regions to identify mutual investment opportunities. Private Banking have developed a network of strategic partners in the region, including leading financial institutions and prominent business groups, which have enabled it to expand its offerings to its clients.