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Established in 2007, Ajman Bank was the first Islamic bank incorporated in Ajman. While its shares were listed on the Dubai Financial Market in February 2008, the bank officially began operations in 2009 from two branches in Ajman. Strongly supported by the emirate’s government, which owns 25 per cent shares of the bank, it is headquartered in Ajman with branches and ATMs across the UAE. A key pillar in the emirate’s economic development strategy, Ajman Bank provides a broad range of value-driven responsible banking and financial services in the UAE, in compliance with Shari’ah principles, for individual, business and government institutions aimed at enabling growth and economic progress. With a focus on delivering value to our shareholders and customers, at Ajman Bank we are committed to becoming a sustainable organization in the truest sense by reaching our true potential through excellence. Balancing care for the community and employees, we are dedicated to creating a better future for all, with exciting financial opportunities. We have the right vision, the strategy, the right resources, and the right people to meet our objectives. It is a source of pride for us to nurture, support and develop the careers of the UAE Nationals. At Ajman Bank we are among the pioneers of Emiratisation in the United Arab Emirates having made Nationalization the core of our strategy since the very beginning. Over the years we have been recognised and honoured by the country’s top awards for our role in Emiratisation including the prestigious UAE Emiratisation Award by the Ministry of Human Resources and Emiratisation and Nationalization Award by the GCC Council of Ministers of Labour and Social Affairs.

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Revenue $185 million
Funding $200 million
Employees 1,020 (746 on RocketReach)
Founded 2007
Address building c1 Sheikh Rashid Bin Saeed Al Maktoum St, Ajman, Ajman, AE
Phone +971 6 747 9999
Fax +971 6 747 9990
Industry Banking, Islamic Banking, Finance, Corporate & Commercial Banking, Retail Banking, Business Banking, Ladies Banking, Government Financials, Structured Finance, Credit Cards - Roadmiles
Web Rank 2 Million
Keywords Sharia Banking, Sustainable Banking, Corporate Social Responsibility
SIC SIC Code 60 Companies, SIC Code 602 Companies
NAICS NAICS Code 52 Companies, NAICS Code 522110 Companies, NAICS Code 5221 Companies, NAICS Code 522 Companies, NAICS Code 52211 Companies

Ajman Bank Questions

The Ajman Bank annual revenue was $185 million in 2024.

Salem Al Shamsi is the COO of Ajman Bank.

746 people are employed at Ajman Bank.

Ajman Bank is based in Ajman, Ajman.

The NAICS codes for Ajman Bank are [52, 522110, 5221, 522, 52211].

The SIC codes for Ajman Bank are [60, 602].

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