Dubai Banking Group is the global shari'a compliant financial investor of Dubai Group

Dubai Group

Dubai Group is an investment company based in the United Arab Emirates, and a subsidiary of Dubai Holding. Originally founded in 2000 as The Investment Office, the company was renamed Dubai Group in 2005...

 with assets valued at over USD 10 billion (AED

AED

AED may refer to:* Anhidrotic ectodermal dysplasia, a genetic disorder* Automated external defibrillator, a portable electronic device that diagnoses and can correct arrhythmia of the heart....

 36.7 billion) . The group was established in 2007 when Dubai Islamic Investment Group, founded in 2004, and Dubai Bank

Dubai Bank

Dubai Bank is an Islamic bank based in Dubai, UAE. Launched in September 2002, the Bank became a Shari’a-compliant financial institution with a focus on the UAE’s Islamic banking sector on January 1, 2007...

, founded in 2002, consilidated their activities to form Dubai Banking Group.

Dubai Banking Group's major investments include:

• 100% ownership of Dubai Bank
  Dubai Bank
  Dubai Bank is an Islamic bank based in Dubai, UAE. Launched in September 2002, the Bank became a Shari’a-compliant financial institution with a focus on the UAE’s Islamic banking sector on January 1, 2007...
  
  
• 100% ownership of Dubai Tadawul, a Duabi based private brokerage company
• 51% stake in Al Fajer Re-Takaful, a closed Kuwaiti shareholding company
• 40% stake in Bank Islam, Malaysia’s oldest and largest Islamic bank
• 40% stake in ACR Re-Takaful Holdings Limited, the world's largest reinsurance company
• 33.33% stake in National Bonds UAE, the national Shari'ah-compliant saving scheme
• 18.75% stake in BankIslami Pakistan, the first bank to receive an Islamic Banking License in Pakistan

External links

• http://www.dubaigroup.com
• http://www.dubaigroup.com/ourcompanies/dubaibankinggroup/ Dubai Banking Group