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عربي

Tamweel

   (TAMWEEL.DFM)
Last Trade
0.75AED
- 0.40%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Updated: May 27, 2011
 
 
 
Country

UAE

Ownership Type
Company Type
Joint Stock
 
 
 
 
Principal Activities
Provides Islamic personal financing and lending services.
 
Date of Establishment Year
2004 (March)
 
No of Employees
N/A (194 Company, N/A Group, 190 Headquarters) (As of Mar 07, 2011)
 
Branches
Abu Dhabi    
 
Stock Market Listing
Exchange Symbol ID Stock Type Currency
Dubai FM  TAMWEEL TAMWEEL.DFM Ordinary AED
 
 
Contact Details
Address:
Tamweel Tower
1st Floor
Jumaira Lake Area
P.O. Box 111555
Dubai 
United Arab Emirates
 
Tel:
+971 4-294-4400
 
Fax:
+971 4-295-0229
 
Email:
tamweel@tamweel.ae
 
Website:
www.tamweel.ae

 
 
 IPO Details
Listing Date:
10Jul06
Size of Offering:
$152.74M
Equity Offering:
55%
Lead
Managers:
The National Investor
 
 
 Sukuk Details
Sukuk Name:
Tamweel Convertible Sukuk
Type of Structure:
Ijarah
Issue Size (mil):
USD  300.00
 
Sukuk Name:
Tamweel Nonconvertible Sukuk
Type of Structure:
Ijarah
Issue Size (mil):
USD  210.00
 
Sukuk Name:
Tamweel Nonconvertible Sukuk II
Type of Structure:
Istisnaa
Issue Size (mil):
AED  1,100.00
 
Sukuk Name:
Tamweel Funding III Sukuk (Tranche 1)
Type of Structure:
Wakala-Modarabah
Issue Size (mil):
USD  300.00
 
 
 M&A Details
 
Acquistion
 
Status
Complete
 
Acquirer
 
Target
 
Announcement Date
04 Nov 2010
 
Closing Date
04 Nov 2010
 
 
 Major Shareholders  Section Updated: 09Nov10
Name   Type  Country  Holding 
Dubai Islamic Bank  Corporate UAE 58.25% 
Public   - 41.75% 
 
 
 Foreign Ownership Limits
Section Updated: 28Jan10
Owned Permitted
86%
Nationals
 
2%
GCC Nationals
 
4%
Other Arabs
 
8%
Foreigners
 
40%
GCC Nationals
 
40%
Foreigners
 
 
 
 Direct Investments and Related Entities 
Subsidiaries/Associates/Affiliates
Name  Country  Holding 
Tahfeez Middle East UAE 100.00%
Tamweel Esot United Kingdom 100.00%
Tamweel Funding UAE 100.00%
Tamweel Properties and Investments UAE 100.00%
 
 
 Representatives
Auditors
Ernst and Young Dubai  
Banks
Dubai Islamic Bank  
Law Firms
Al Tamimi and Company Legal Advocates  
 
 
 Financial Results  31-Dec-09  31-Dec-10   Yr on Yr 
  AED'000 AED'000 change (%)
Total revenues  765,238 627,322 (18.02)
Net profit  (54,458) 26,024 147.79
Total assets 11,630,529 10,193,177 (12.36)
Paid-up capital 1,000,000 1,000,000 0.00
Shareholders' Equity 2,228,545 2,225,256 (0.15)
Shares outstanding 1,000,000 1,000,000 0.00
» View Full Financials
 
 
 
 
 
 
 

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