Banking

Kuwait
Boubyan Bank (Boubyan)

Boubyan Bank was established in 2004 with a paid-up capital of KD 100 million (around USD 300 million) for carrying out all activities of the banking business (financial and commercial) in accordance with the Islamic Shariah and the regulations of the Central Bank of Kuwait (CBK).
Boubyan Bank is built on the ideal of establishing socio-economic equity by influencing the business environment and society in which it operates through the sincere application and ethical practice of Islamic banking and value-creation for its customers, partners and shareholders. TID is a major shareholder of the bank, owning 20% of it.

Bahrain
Bahrain Islamic Bank (BISB)
Bahrain Islamic Bank is the first Islamic bank to be established in 1979 in the Kingdom of Bahrain and the third such institution in the Gulf Cooperation Council (GCC). Being a member of the International Union of Islamic Banks, BISB gives TID a strategic platform for the company's expansion plans, as its ownership in the bank reached 40% in 2006. The bank has a branches-network offering Islamic commercial banking services including saving accounts, Murabahah, visa credit card, medical, educational and investment accounts and trade finance.

Bahrain
Investment Dar Bank
Investment Dar Bank in Bahrain focuses on the investment side of banking to complement BISB's commercial banking activities. The bank's paid up capital amounts to USD 200 million, while a total capital of USD 1 billion. The bank's focus covers investment transactions and retail services at the international level.