Top 50 Islamic Banks

Size will matter in Islamic banking

Size will matter in Islamic banking

Top 50 Islamic Banks
Fastest Growing Islamic Banks by Net Income

Fastest Growing Islamic Banks by Assets

Top 50 Islamic banks
Figures in $ at December 31 2007
Rank Country of incorporation Bank Total assets 2007 Total assets 2006 Net income 2006 Net income 2007
1 Saudi Arabia Al Rajhi Bank 33,372,165,720 28,057,067,850 1,947,268,292 1,723,477,344
2 Kuwait Kuwait Finance House 32,103,331,547 21,952,609,342 671,847,184 1,187,356,593
3 UAE Dubai Islamic Bank 22,803,738,851 17,547,938,130 429,709,763 684,291,415
4 Qatar Qatar Islamic Bank (Al Masraf) 5,877,150,653 4,092,704,163 278,199,401 345,813,586
5 Malaysia Bank Islam Malaysia Berhad 5,772,492,125 4,141,034,259 –367,587,810 75,861,334
6 Saudi Arabia Aljazira Bank 5,762,328,873 4,190,309,238 525,971,631 214,354,799
7 UAE Emirates Islamic Bank 4,616,888,499 2,852,421,075 31,989,056 64,957,307
8 Saudi Arabia Albilad Bank 4,445,428,630 3,008,514,152 47,500,775 6,865,683
9 Malaysia Bank Muamalat Malaysia Bhd 4,170,517,368 3,816,573,754 20,944,576 14,926,045
10 Bahrain Ithmaar Bank 4,078,789,000 3,318,755,000 181,050,000 188,310,000
11 Egypt Faisal Islamic Bank 4,017,015,004 3,392,712,866 20,903,852 28,300,000
12 Kuwait Kuwait International Bank (formerly Kuwait Real Estate Bank) 3,458,720,002 2,793,911,440 32,999,543 65,615,779
13 UAE Dubai Bank 2,973,005,127 1,513,960,937 28,568,194 57,399,065
14 UAE Sharjah Islamic Bank 2,963,797,443 2,081,102,450 54,644,476 82,196,796
15 Malaysia AmIslamic Bank Berhad 2,819,841,885 43,380,151 2,113,478 87,978,897
16 Qatar Qatar International Islamic Bank 2,741,160,031 2,308,508,077 110,361,188 132,219,423
17 Kuwait Boubyan Bank 2,721,868,894 1,753,551,399 35,861,056 67,987,609
18 Malaysia CIMB Islamic Bank Berhad 2,713,698,267 1,359,372,681 13,116,545 50,323,252
19 Malaysia RHB Islamic Bank Berhad 2,537,215,184 2,293,833,437 24,480,173 35,706,945
20 Bahrain Gulf Finance House 2,245,067,000 1,500,884,000 211,586,000 343,258,000
21 Bahrain Shamil Bank of Bahrain 2,045,691,000 1,693,260,000 61,550,000 80,568,000
22 Malaysia Affin Islamic Bank Berhad 1,891,952,479 1,106,312,066 10,365,565 11,906,542
23 Malaysia Hong Leong Islamic Bank Berhad 1,879,050,908 1,823,685,547 12,215,992 17,150,673
24 Malaysia EONCAP Islamic Bank Berhad 1,847,456,308 1,455,572,202 3,573,297 9,327,193
25 Bahrain Bahrain Islamic Bank 1,786,115,705 1,159,760,380 34,683,126 67,829,512
26 Egypt Egyptian Saudi Finance Bank 1,649,675,565 1,294,831,616 5,860,867 3,817,040
27 Indonesia Bank Syariah Mandiri 1,373,582,681 1,064,423,324 7,294,472 12,307,503
28 Indonesia Bank Muamalat Indonesia 1,126,663,928 932,484,283 12,070,970 15,492,178
29 Bahrain Al Salam Bank 1,078,158,668 499,690,336 43,626,372 62,744,654
30 Malaysia Alliance Islamic Bank Berhad 895,315,173 794,102,985 9,182,687 19,413,942
31 Sudan Albaraka Bank 856,609,722 730,663,127 4,896,453 9,237,108
32 Switzerland Dar Al-Maal Al-Islami Trust 829,971,000 813,336,000 68,078,000 50,052,000
33 Bahrain Khaleeji Commercial Bank 730,501,480 255,745,875 21,219,601 56,475,353
34 UK European Islamic Investment Bank 632,844,322 462,901,585 2,399,617 –8,941,519
35 UK Bank of London and the Middle East 594,631,505 0 0 342,013
36 Bahrain Unicorn Investment Bank 446,669,000 293,342,000 30,139,000 49,591,000
37 Bahrain United International Bank 383,364,000 0 0 20,929,000
38 Sudan Islamic Co-operative Development Bank 359,343,020 281,125,150 1,517,036 2,976,763
39 UK Islamic Bank of Britain 329,428,827 231,201,036 –17,305,491 –13,815,401
40 Bahrain Capivest 325,000,000 195,396,424 10,218,807 31,910,000
41 Indonesia Bank Mega...

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