Asian Finance Bank Berhad (AFB) is backed by a consortium of shareholders from leading Middle Eastern investors – Qatar Islamic Bank (66.67%), RUSD Investment Bank (16.67%), Tadhamon International Islamic Bank (10%) and Financial Assets Bahrain W.L.L (6.67%) |
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Qatar Islamic Bank is the first Islamic bank in Qatar and since commencing its operations in 1983, it has maintained a leading position in the local and regional international banking sectors by providing developed and innovative Shariah-compliant banking services through an extensive branch network in the State of Qatar. The Bank takes an active role in financing both public and private sector projects in compliance with Shariah principles. Since 1983, Qatar Islamic Bank has made a number of successful investments in the region. The Bank has so far established and invested in a number of Islamic financial institutions inside and outside Qatar. |
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RUSD Investment Bank Inc. has substantial backing from four of the world’s foremost Islamic insurance companies, with an initial market capitalisation in excess of USD100 million. Also there are three other successful principal insurance company investors backing RUSD Investment Bank. The backing of these established and successful companies gives RUSD Investment Bank access not just to capital but also to a unique customer base in nine countries and a wealth of industry knowledge. |
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Tadhamon International Islamic Bank is considered one of the largest and classic banks in Yemen. It was founded in 1995 based on the Islamic Banks Law in the Republic of Yemen dated May 25th, 1995. The bank runs assets that are estimated by 283 milliard YR that is approximately 1.415 billion US dollars. Its fixed capital is 20 milliard YR that is 100 million US dollars. |