Faisal Al Alwan

Annual General Meeting Shamil Bank

Shamil Bank has taken over Faisal Private Bank in Switzerland completely and is itself is a wholly-owned subsidiary of Ithmaar Bank. Shamil Bank also acquired a 34 % stake in takaful company Solidarity.

Shamil Bank reported USD 66.8 mn in total income, and a net profit of USD 22.8 mn last year during their Annual General Meeting.

Faisal Al Alwan is the CEO of Shamil Bank.

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