Dubai FAQ Noor Islamic Bank, UAE  
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Thursday 28 August 2008 (UAE)  
 

Noor Islamic Bank (NIB) Tel 800-6667

Noor Islamic Bank (Al Noor Islamic Bank, or Noor Bank, but not usually Nour Bank) opened its doors for business on 02 January 2008 with 10 branches throughout the UAE - 1 in Abu Dhabi and Al Ain, 6 in Dubai, and 2 in Sharjah. None in Ajman, Fujairah, Ras Al Khaimah, or Umm Al Quwain at the time of opening but NIB plan to open 10 more branches during 2008 in the UAE, and open more branches, or buy other banks, in the region. NIB was first announced in December 2007 and has about $1 billion of capital (AED 3.7 billion).

NIB intend to be the leading or largest (or both) Islamic Bank in the world by 2013. They're a little way behind Dubai Islamic Bank, which has been around since 1975 and at the end of 2007 had almost 50 branches, about AED 80 billion of assets, and close to AED 10 billion of capital. Noor Islamic Bank is 25% owned by Dubai Group, a subsidiary of Dubai Holding, and 25% owned by the Investment Corporation of Dubai.

Noor Islamic Bank contact details
  • Noor Islamic Bank, Burj Square, Building No. 1, 8th Floor, Business Bay
    PO Box 8822, Dubai, United Arab Emirates
  • Tel +971-4-4268888, fax +971-4-3456789
  • Toll-free 800-6667 (in the UAE)
Noor Bank Tunisia representative office - 21 June 2008

Noor Bank opened its first overseas representative office in Tunis, capital of Tunisia. Country General Manager is Sadok Attia.

Noor Islamic Bank Maldives - 22 July 2008

Noor Maldives Islamic Bank is a joint venture between Noor Islamic Bank UAE and the Maldivian government, to establish an Islamic bank in the Maldives by the end of 2008, with head office in Male.

Noor Islamic Bank agreements and initiatives
  • With Emirates Post to offer cheap accounts to low-paid workers (Jan 2008).
  • With Marhaba Services to offer Airport 'Meet and Greet' services in Dubai, and access to the Marhaba lounge. For "distinguished customers", which might not be the same group as the low-paid workers they are offering cheap bank accounts to (Jan 2008).
  • With Dubai Lands Department to offer escrow services for property purchases (Dec 2007).
Noor Islamic Bank branches
Emirate Branch Location Tel Notes
Abu Dhabi Al Mansoori Tower Al Salam St    
Al Ain Sheikha Woudaima Building Industrial Rd    
Dubai Dubai Marina Al Fattan Tower II (Al Marsa)   service center
Dubai Al Garhood / Al Garhoud Opp. Emirates Aviation College   service center
Dubai Al Mamzar Hor Al Anz, next to Grand Station    
Dubai Bur Dubai Burjaman roundabout, Mustafawi Al Hamriya Bldg    
Dubai DAFZ Dubai Airport Free Zone   not open yet
Dubai Dubai Media City Al Thuraya Tower II    
Dubai Mall of the Emirates First floor, entrance 1, east side (opening Aug 2008)   service center**
Dubai Sheikh Zayed Rd Sheikh Ahmed Bin Saeed Al Maktoum Building   open 24/7*
Sharjah Corniche / Al Bohairah Khaled Lagoon Corniche St    
Sharjah Al Rolla Bank St    
Overseas        
Tunisia representative office Hadrumete Street, 2 Mutuelleville, Tunis    
Noor Bank opening hours
  • Full service branches and service centers open Saturday-Thursday, closed Fridays. Hours from 0800-1500.
  • *Sheikh Zayed Road branch is open 24 hrs, 7 days per week but teller services only from 0800-1500 Sat-Thu.
  • **MOTE service center open 7 days, 0900-2200 Sat-Wed, 0900-2300 Thu/Fri (opening date 05 August 2008).
Noor Bank ATM locations

Noor Islamic Bank branches have ATMs of course, there are additional ATMs located in (information from noorbank.com):

  • Abu Dhabi Coop Society, Abu Dhabi
  • Abu Dhabi Shopping Mall / Abu Dhabi Mall, Abu Dhabi
  • Al Khalidiya Mall, Abu Dhabi
  • Al Muhari Center (Al Muhairy Center), Abu Dhabi
  • Alsofah Tower? Jumeirah, Dubai (Noor Bank info, unknown which tower they mean)
  • Bin Sougat Center, Rashidiya, Dubai
  • Burj Square? Sheikh Zayed Road, Dubai
  • Choithram's Karama, Dubai
  • Choithram's Al Nasr Square, Deira, Dubai
  • Choithram's Khalidiya (Khalediya), Abu Dhabi
  • Deira City Center, Dubai (ground floor and food court area)
  • Dubai International Financial Center (DIFC), Building 4, Dubai
  • Dubai Festival City, Garhood, Dubai
  • Dubai Healthcare City, Dubai
  • Dubai Healthcare City, AACSH Building, Dubai
  • Emaar Business Park, Dubai
  • Emirates Group, DNATA, Port Saeed, Dubai
  • Emarat Petrol Station, near Shindagha Carrefour, Dubai
  • Grand City Mall, Al Quoz, Dubai
  • Greens Community Centre, The Greens, Dubai
  • LuLu Centre, Al Barsha, Dubai
  • Mall Of the Emirates (VIP Entrance, Food Court area), Dubai
  • Manal Centre, Naif Road, Deira, Dubai
  • Reef Mall, Deira, Dubai
  • Souk Dukkan Al Manzil, Business Bay, Dubai
  • Spring Supermarket, Satwa, Dubai
  • The Village, Jumeirah Beach Road, Dubai
  • Times Square Center, Al Barsha, Dubai
People at Noor Islamic Bank
  • Shaikh Ahmad Bin Saeed Al Maktoum - Chairman Noor Islamic Bank
  • Hussain Al Qemzi - Group CEO of NIB
  • Ahsan Ali - SME & Wealth Management Banking Head
This information last updated Monday 04-Aug-2008
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