Ithmaar Holding B.S.C. (Ithmaar Holding) is a Bahrain-based holding company that is licensed and regulated by the Central Bank of Bahrain (CBB) as an investment company and is listed on the Bahrain Bourse, Boursa Kuwait and Dubai Financial Market.
Ithmaar Holding was established after the shareholders of formerly named Ithmaar Bank B.S.C. approved on 28 March 2016 plans to significantly transform the group’s operations. The erstwhile Ithmaar Bank B.S.C. held an Islamic retail bank license. The plans, which were proposed by formerly named Ithmaar Bank B.S.C. Board of Directors and approved by shareholders at an Extra Ordinary General Assembly involved Ithmaar Holding retaining 100 percent ownership of all assets previously owned by Ithmaar Bank through two subsidiaries, Ithmaar Bank B.S.C (c) (Ithmaar Bank), an Islamic retail bank subsidiary which holds the core retail banking business, and IB Capital B.S.C. (c), an investment subsidiary which holds investments and other non-core assets. The two subsidiaries are licensed and regulated by the CBB.
Ithmaar Holding is a subsidiary of Dar Al-Maal Al-Islami Trust (“DMIT”), and has a paid-up capital of US$757.69 million.
Dubai Financial Markets Listing:
Shareholders willing to trade on DFM must obtain their DFM investor’s number by filling out the DFM application form with all the required documents approved by the official authorities. Shareholders will then need to submit the required documents personally, through the online electronic channels of DFM or through licensed brokers at DFM. Shareholders must obtain the special trading number through licensed intermediaries as well.
For additional disclosures and more information, you may visit DFM’s website on www.dfm.ae or shareholders can contact the DFM Investor Service through telephone on +971 43055555 or by emailing: email@example.com
Procedures of transferring shares from Bahrain Bourse to DFM:
Shareholders who would like to transfer their shares from Bahrain Bourse to DFM should apply for a transfer request from Bahrain Bourse by applying to Bahrain Clear Company and in coordination with their registered broker in Bahrain Bourse.
Procedures of transferring shares from Boursa Kuwait to DFM:
Shareholders who would like to transfer their shares from Boursa Kuwait to DFM should apply for a transfer request from Boursa Kuwait and in coordination with their registered broker. Boursa Kuwait will take the necessary actions with Bahrain Clear Company to ensure transferring the shares to DFM.
For additional details on the procedures of transferring the shares, shareholders may contact Bahrain Clear on +973 17108833 or by email on firstname.lastname@example.org
For any further enquiries, you can email Ithmaar Holding Investor Relations department on IR@ithmaarholding.com