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Noor Bank's Overview

Total employees1020
HeadquartersDubai
Founded

Noor Bank, formerly Noor Islamic Bank, was a prominent Sharia-compliant bank headquartered in Dubai, United Arab Emirates. Established in 2008, it offered a comprehensive range of banking services including retail, corporate, treasury, and wealth management, all adhering to Islamic finance principles. In January 2020, Noor Bank was acquired by Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE. Following the acquisition, Noor Bank's operations, assets, and customer base were integrated into DIB, effectively ceasing Noor Bank's operations as a separate entity. This strategic move aimed to create a stronger, more competitive Islamic banking powerhouse in the region.

Where is Noor Bank's Headquarters?

HQ Function

Served as the central hub for all strategic, operational, and administrative functions of Noor Bank, overseeing its retail, corporate, and investment banking activities prior to its integration with Dubai Islamic Bank.

Notable Features:

Located in a modern, prestigious business complex, the headquarters likely featured state-of-the-art facilities, open-plan offices to foster collaboration, and private wealth management suites.

Work Culture:

Prior to acquisition, Noor Bank aimed to foster a work culture rooted in Islamic values, emphasizing ethical practices, customer-centricity, innovation in Sharia-compliant products, and employee development.

HQ Significance:

The headquarters symbolized Noor Bank's presence and commitment to the UAE's growing Islamic finance sector, serving as a key touchpoint for major clients and partners.

Values Reflected in HQ: The choice of a prominent and modern location aimed to reflect values of professionalism, growth, and a commitment to being a leading Islamic financial institution.

Location:

Prior to its acquisition by Dubai Islamic Bank, Noor Bank's operations were primarily focused within the United Arab Emirates. While it may have had correspondent banking relationships internationally to facilitate global transactions for its clients, it did not maintain a significant network of physical international branches or offices. Its core business was centered on serving the UAE domestic market with Sharia-compliant financial products and services.

Street Address:

Emaar Square, Building 3, Downtown Dubai (Pre-acquisition address)

City:

Dubai

State/Province:

Dubai

Country:

United Arab Emirates

Noor Bank's Global Presence

Abu Dhabi, UAE

Address: Various branch locations across Abu Dhabi (Pre-acquisition)

To extend Noor Bank's Sharia-compliant banking solutions to customers and businesses in the capital city of the UAE, supporting local economic activities.

Sharjah, UAE

Address: Key branch locations within Sharjah (Pre-acquisition)

To serve the banking needs of the Sharjah emirate, contributing to the bank's overall UAE footprint and customer base before its integration with DIB.

Buying Intent Signals for Noor Bank

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Noor Bank

As of April 2025, Noor Bank' leadership includes:

John Iossifidis - Former Chief Executive Officer (CEO) (at the time of acquisition)
Hussain Al Qemzi - Former Chief Executive Officer (CEO) (prior to John Iossifidis)
Adnan Chilwan - Group Chief Executive Officer, Dubai Islamic Bank (Oversaw the acquisition and integration)

Investors of Noor Bank

Noor Bank has been backed by several prominent investors over the years, including:

Investment Corporation of Dubai (ICD)
Members of the Ruling Family of Dubai
Prominent UAE Nationals and Government of Dubai entities

Executive New Hires/Exits in the Last 12 Months

Hire0
Exits0

As Noor Bank was acquired by Dubai Islamic Bank in early 2020, there have been no executive hires or exits for 'Noor Bank' as an independent entity in the last 12 months. Executive movements would pertain to Dubai Islamic Bank or relate to the integration process that concluded previously. The details below are illustrative of the period surrounding the acquisition.

Departures

Various Senior Management of Noor Bank, Following the acquisition by DIB, many senior roles at Noor Bank were either integrated into DIB's structure or became redundant, leading to departures.

New Appointments:

Adnan Chilwan (DIB CEO), Adnan Chilwan continued to lead Dubai Islamic Bank, overseeing the successful integration of Noor Bank's operations and assets.

Technology (Tech Stack) used by Noor Bank

Discover the tools Noor Bank uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Noor Bank Email Formats and Examples

Prior to its acquisition by Dubai Islamic Bank, Noor Bank likely used standard corporate email formats. As the domain noorbank.com is no longer independently active for email, these formats are historical.

[first_initial][last]@noorbank.com or [first].[last]@noorbank.com

Format

jsmith@noorbank.com or john.smith@noorbank.com

Example

0 (Domain inactive for Noor Bank specific emails post-acquisition)%

Success rate

News and media

ReutersJanuary 22, 2020

Dubai Islamic Bank completes acquisition of Noor Bank

Dubai Islamic Bank (DIB), the largest Islamic lender in the United Arab Emirates, announced it has completed the acquisition of Noor Bank. The acquisition, effective January 22, 2020, creates one of the largest Islamic banks globally, with total assets exceeding AED 275 billion (approximately $75 billion at the time)....more

Gulf NewsDecember 16, 2019

Shareholders of Dubai Islamic Bank approve Noor Bank acquisition

Shareholders of Dubai Islamic Bank (DIB) approved the acquisition of Noor Bank at a general meeting. The deal involved a share swap, with DIB issuing 651,159,198 new shares to Noor Bank's shareholders....more

The NationalJune 17, 2019

Dubai Islamic Bank board recommends acquisition of Noor Bank

The board of Dubai Islamic Bank formally recommended the acquisition of unlisted Dubai-based Noor Bank. This move was aimed at consolidating the UAE's banking sector and creating a stronger financial entity....more

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