Tag Archives: Ajman Bank

Business & Investments

His Highness Sheikh Ammar bin Humaid Al Nuaimi Chairs Ajman Bank Board of Directors Meeting

Ajman Bank Reports AED 414 Million Profit Before Tax for the First Nine Months of 2025, Reflecting 32% Growth

Ajman, United Arab Emirates – 23 October 2025:

His Highness Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of the Board of Ajman Bank, chaired the Bank’s Board of Directors meeting to review the financial results for the nine months ended 30 September 2025 and discuss strategic priorities aimed at sustaining growth and achieving long-term value creation.

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Business & Investments

Ajman Bank and MENSA Technologies Announce Strategic Alliance to Transform WPS Services in the UAE

Ajman, United Arab Emirates,30 July 2025: Ajman Bank, one of the leading Shariah-compliant banks in the UAE, has partnered with MENSA Technologies, an innovative fintech company, in a strategic alliance aimed at enhancing the delivery of Wage Protection System (WPS) services across the region. This collaboration combines Ajman Bank’s robust banking infrastructure with MENSA Technologies’ agile digital payroll solutions to provide seamless and timely salary disbursements to a culturally diverse workforce while meeting all regulatory requirements.

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Business & Investments

Nasdaq Dubai Welcomes USD 500 Million Sukuk Listed by Ajman Bank

  • Five-year Sukuk matures in 2030 and achieved 5.4x oversubscription from over 100 global investors
  • Total value of Sukuk listed on Nasdaq Dubai reaches USD 96.9 billion, reaffirming its status as one of the world’s leading Sukuk exchange

Dubai, 20 May 2025 – Nasdaq Dubai today welcomed the listing of a USD 500 million Senior Sukuk issued by Ajman Bank, marking the bank’s first Sukuk issuance and debut listing on the international exchange.

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Business & Investments

Ajman Bank Appoints Hend Al Ali as its New EVP – CHRO to Strengthen its Human Capital

23 August 2024

Ajman Bank has announced the appointment of Hend Al Ali as its new Executive Vice-President – CHRO. A seasoned Emirati leader, Hend brings over 24 years of extensive experience in the banking industry, with a remarkable track record in Strategic HR, Change Management, and Business and HR Transformation. Her strong background includes handling startups, mergers and acquisitions, and IPOs, making her a perfect fit for the dynamic environment of Ajman Bank.

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Business & Investments

Ajman Bank Launches Real Estate Subsidiary – Skyrise Properties

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Ajman Bank Launches Real Estate Subsidiary – Skyrise Properties

Ajman Bank, one of the leading Islamic financial institutions in the UAE, has announced the launch of Skyrise Properties,a dynamic new fully owned subsidiary focused on real estate asset management. Headquartered in the UAE, Skyrise Properties is set to revolutionize the property management sector.

This strategic move marks a pivotal chapter in Ajman Bank’s transformation journey of diversification and innovation and will complement the bank’s core business offerings, with a range of services including property management, sales, leasing, brokerage, third-party evaluations, and facility management supervision.

Making the announcement, Mustafa Al Khalfawi, CEO of Ajman Bank, said, “The launch of Skyrise Properties signifies a momentous milestone for Ajman Bank. This new venture, is a crucial stepfor us in the realm of property management and real estate, where we aim to set new benchmarks and redefine standards. Our mission is clear – to elevate not only Skyrise Properties but also Ajman Bank to new heights.”

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