The Middle East's

Top 100 Listed
Companies 2022

64. Emirates Islamic*

Country: U.A.E.

Sector: Banks & financial services

CEO: Salah Amin

Market Value: $11 billion

Sales: $813 million

Profits: $224 million

Assets: $17.7 billion

Shariah-compliant Emirates Islamic Bank offers a range of products for individuals and small businesses as well as large corporations. In November 2021, it listed $500 million Sukuk on Nasdaq Dubai. The issuance, rated A+ by Fitch Ratings, was priced at 2.1% and was 2.4 times oversubscribed.