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Iraqi Islamic Bank For Investment & Development (Private Share Holding Company) (Iraq)

Main Activities: Commercial Banking
Full name: Iraqi Islamic Bank For Investment & Development (Private Share Holding Company) Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Iraqi Islamic Bank for Investment and Development (IIB) is an Iraqi Islamic credit institution, operating under the principle of Sharia law, which bans interest-based services and transactions. It was launched in 1992 with headquarters in Baghdad and claims to be the first private Islamic bank in Iraq. Its services are designated to both individual and corporate customers. The bank is active in providing funding for the development of various economic sectors. Its Sharia-compliant products include retail, corporate, investment and international banking.

Headquarters
Al Mansour - 14 Ramdan St, Fals Restaurant Building, Area No.608/18/67, P.O Box 6003 Al Mansour
Baghdad; Baghdād;

Contact Details: Purchase the Iraqi Islamic Bank For Investment & Development (Private Share Holding Company) report to view the information.

Website: http://www.iraqiislamicb.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:
1992
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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Subsidiaries
Al Abrar Company
100%
Ready Made Clothes & General Trading Company(Mixed Shareholding Co.)
9%
Company Performance
Financial values in the chart are available after Iraqi Islamic Bank For Investment & Development (Private Share Holding Company) 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.
Operating profit (EBIT)
144.67%
Net Profit (Loss) for the Period
245.96%
Total assets
57.22%
Total equity
22.25%
Total Assets Trend
4.01%

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