- DMI Trust
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Dar al-Maal al-Islami
دار المال الإسلامي
Type Private Industry Islamic banking Founded 1981 Key people Abdulkarim Khaled Yusuf Abdulla Revenue over $3.6 billion USD Employees over 1,400 in three continents Website www.dmitrust.com Dar al-Maal al-Islami Trust (Arabic: دار المال الإسلامي) ("The House of Islamic Money"), founded in 1981, is a leading Islamic financial institution with affiliates on four continents and assets under management of over $3.6 billion USD, operating in accordance with Zakat principles of Islamic banking. Its slogan is "Allah is the purveyor of success."
Contents
Overview
DMI Trust has two main business units, Takafol and Retakafol, for Islamic banking and Islamic insurance/reinsurance respectively; these are based in the Bahamas, Luxembourg, and the United Kingdom. Fund management and financial services in Switzerland and Morocco, investment banking in Bahrain and Pakistan, commercial and retail banking in the Gulf region and other parts of the world. Additionally, DMI Trust operates the Faisal Islamic Bank group of investment companies with affiliates in Bahrain, Egypt, Pakistan, Qatar and the United Arab Emirates.
Notable personnel
- Ibrahim Mustafa Kamel – chairman until October 17, 1983; according to Douglas Farah, Kamel was among the early financial backers of the Muslim Brotherhood.
- Prince Mohammed al-Faisal al-Saud – chairman after 1983.
- Omar A. Ali – CEO from 1986 to 1999.
- Abdulkarim Khaled Yusuf Abdulla – became chairmain in 2002.
- Haydar Mohamed bin Laden – BOS member
External links
References
- DMI annual report 2003
- Douglas Farah, "The Little Explored Offshore Empire of the International Muslim Brotherhood", April 18, 2006.
- IPI LTD-Chairman of the Board
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