Emirates Bank International said that its real estate portfolio, which is based on the Islamic Law (Shari'a) had accumulated $100 million since its offer last June in cooperation with Emirates Islamic Bank and Belgravia Asset Management (Jersey), reported Al-Sharq al-Awsat newspaper on September 22.
Emirates Bank International PJSC was incorporated in Dubai as a commercial bank with limited liability by a decree of the Ruler of Dubai on 27 March 1977. The Bank was registered as a Public Stock Company in June 1995.