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.