EIFBEmirates Islamic Financial Brokerage (Emirates Islamic Bank)
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Caption: Mike Hirschi was on hand for the delivery to EIFB on November 14, 2016.
Jamal Bin Ghalaita, Chairman of EIFB, said, "As EIFB continues to offer an expanded platform to its investor clients, our membership of NASDAQ Dubai comes as a significant addition to our rich portfolio of investment solutions.
Abdul Wahed Al Fahim, Chairman of NASDAQ Dubai, said, "EIFB's arrival as a Member of NASDAQ Dubai supports the exchange's drive to broaden and deepen its Islamic finance activities.
During December 2012, EIFB achieved around 11 per cent market share of the total value of trades at approximately AED 627 million, and also opened 540 new accounts, the largest number opened in that month.
"Achieving the top broker rank is a great encouragement for us, because it is a strong indication that our policies and strategies have been on the right track," said Hussein Mourad, General Manager, EIFB. "We aim to continue working with our individual, corporate and institutional clients to offer them innovative and market-leading investment and financial products that are tailored to meet their specific needs."
The programme A"DirasatiA" is being implemented in co-operation with Emirates Institute for Financial and Banking Studies (EIFBS), which will be providing training to the C young emiratis.
This program, named Dirasati, was created in cooperation with Emirates Institute for Financial and Banking Studies (EIFBS).
The agreement was signed by Abdullah Saeed Al Darmaki, Director General of Tawteen and Jamal Al Jasmi on behalf of the EIFBS, Mrs Manal Sayegh - Head of Recruitment & Manpower Planning on behalf of Abu Dhabi Commercial Bank, Ms Ruwaida Saeed Shahbal - Senior Vice President HR, on behalf of National Bank of Abu Dhabi, Tirad Mahmoud - Chief Executive Officer of Abu Dhabi Islamic Bank, and Mohamed Jamil Berro- Chief Executive Officer of Al Hilal Bank.