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Cihan Bank For Islamic Investment And Finance P.S.C (Iraq)

Main Activities: Commercial Banking
Full name: Cihan Bank For Islamic Investment And Finance P.S.C Profile Updated: January 31, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Cihan Bank is an Iraqi Islamic bank, set up in 2008 and headquartered in Erbil, Iraqi Kurdistan. It provides a range of Islamic banking products and services, including current and saving accounts, term deposits, car financing, housing financing, and money transfers. The company also provides corporate banking products and services, such as letters of credit and guarantee and remittances; as well as Murabaha facilities to car dealers, residential project owners, etc. It serves government enterprises, companies and individuals within Kurdistan regional governorates. The bank operates branches in Bajger, Kerkuk, Basra, Najaf, Duhok, Zakho, Sulaymaniyah, Jamila, Mosul, and Baghdad. The bank’s operational system is certified by AAOIFI (Accounting and Auditing Organization for Islamic Financial Institutions).

Headquarters
Kerkuk Road, P.O 0116-17
Erbil; Arbīl;

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Website: http://www.cihanbank.com.iq

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
2008
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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9.8%
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9.8%
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9.8%
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9.8%
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7.2%
Company Performance
Financial values in the chart are available after Cihan Bank For Islamic Investment And Finance P.S.C report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency IQD. Absolute financial data is included in the purchased report.
Net interest income
46.93%
Operating profit (EBIT)
81.67%
Net Profit (Loss) for the Period
159.28%
Total assets
-2.61%
Total equity
4.14%
Total Assets Trend
N/A
Net Interest Income Trend
25.85%

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