• DINResults of BOD meeting including interim condensed consolidated financial statements for the 2nd QTR of 2017
  • DXBEResignation of one of BOD members
10:00
01 january 2014
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AJMAN BANK PJSC

AJMANBANK
1.210
0.020
1.680%
Summary Period

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  • Market: DFM
  • Symbol: AJMANBANK
  • ISIN: AEA003201018
  • Sector: Banks

Company Brief

Ajman Bank PJSC (“the Bank”) is incorporated as a Public Joint Stock Company. The Bank was legally incorporated on 17 April 2008. The Bank was registered with the Securities and Commodities Authority (“SCA”) on 12 June 2008 and obtained a license from the Central Bank of UAE to operate as a Head Office on 14 June 2008. On 1 December 2008, the Bank obtained a branch banking license from UAE Central Bank and commenced operations on 22 December 2008.

The principal activities of the Bank are undertaking banking, financing and investing activities through various Islamic financing and investment products such as Murabaha, Wakala, Sukuk, Mudaraba and Ijarah. The activities of the Bank are conducted in accordance with the Islamic Sharia’a principles and within the provisions of its Memorandum and Articles of Association.

Key Facts

ESTABLISHED

May 1, 2008

AUDITOR

Deloitte

FISCAL YEAR END

DECEMBER

REGISTRAR

Qtes

Board Members

CHAIRMAN

H.H. Sheikh Ammar Bin Humaid Bin Rashed Al Noaimi

VICE-CHAIRMAN
H.H Sheikh Rashed Bin Humaid Bin Rashed Al Noaimi

MEMBERS

H.E. Mohammed Hussain Al Shaali
Dr. Ali Rashid Abdulla Ali Al Noaimi
Mr. Ali Abdulla Ali Al Hamrani
Mr. Yousef Ali Fadil Bin Fadil
Mr Salem Rashed Salem Al Khudur Alshamsi

Top Management

Chief Executive Officer
Mr. Mohammed A. Amiri

Equity Profile

DATE OF LISTING

Jun 22, 2008

SECTOR

Banks

AUTHORIZED CAPITAL

1,680,322,500.00 AED

ISSUED SHARES

1,680,322,500

PER VALUE SHARE

1.00 AED

Contact Details

Head Office

Ajman

Address

A & F Towers - Khalifa Street PO Box 7770 Ajman, UAE

Phone No.

+971 6 747 9999

Fax No.

+971 6 747 9990

Email address:

info@ajmanbank.ae

Website

http://www.ajmanbank.ae

Prospectus

  • Ajman Bank Prospectus

Showing Last 10 Disclosures - AJMANBANK View all
AJMANBANK 13-07-2017 02:39 AM

Results of BOD meeting including interim condensed consolidated financial statements for the 2nd QTR of 2017

2 File(s)
AJMANBANK 10-07-2017 02:40 AM

BOD meeting

1 File(s)
AJMANBANK 30-06-2017 10:30 AM

Financial statements for the 2nd QTR of 2017

1 File(s)
AJMANBANK 08-06-2017 02:09 AM

Cancelation of BOD meeting

1 File(s)
AJMANBANK 05-06-2017 02:25 AM

BOD meeting

1 File(s)
AJMANBANK 07-05-2017 08:26 AM

Results of BOD meeting including interim condensed consolidated financial statements for the 1st QTR of 2017

2 File(s)
AJMANBANK 04-05-2017 10:56 AM

Financial statements for the 1st QTR of 2017

1 File(s)
AJMANBANK 27-04-2017 02:05 AM

BOD meeting

1 File(s)
AJMANBANK 30-03-2017 08:22 AM

Resolutions of General Assembly

1 File(s)
AJMANBANK 29-03-2017 10:30 AM

Resolutions of General Assembly

1 File(s)
Showing Last 10 Issuer News - AJMANBANK View all
No data could be found.
Showing Last 10 Financial Reports - AJMANBANK View all
AJMANBANK 30-06-2017 10:30 AM

Financial statements for the 2nd QTR of 2017

1 File(s)
AJMANBANK 04-05-2017 10:56 AM

Financial statements for the 1st QTR of 2017

1 File(s)
AJMANBANK 31-12-2016 12:20 AM

Financial statements for the year of 2016

1 File(s)
AJMANBANK 30-09-2016 12:36 AM

Financial statements for the 3rd QTR of 2016

1 File(s)
AJMANBANK 30-06-2016 10:45 AM

Financial statements for the 2nd QTR of 2016

1 File(s)
AJMANBANK 01-05-2016 10:43 AM

Financial statements for the 1st QTR of 2016

1 File(s)
AJMANBANK 31-03-2016 08:00 AM

Financial statements for the year of 2015

1 File(s)
AJMANBANK 25-10-2015 03:56 AM

Financial statements for the 3rd QTR of 2015

1 File(s)
AJMANBANK 12-07-2015 04:00 AM

Financial statements for the 2nd QTR of 2015

1 File(s)
AJMANBANK 07-05-2015 03:30 AM

Financial statements for the 1st QTR of 2015

1 File(s)
Showing Last 10 General Meetings - AJMANBANK View all
Meeting Date/TimeMar 29, 2017 04:30:00 PMType of MeetingGeneral Assembly
Net Profit/Loss125545000Cash Dividend
Bonus Share3.5
Announcements/Resolutions

1- Approval of the directors' report on the Bank's activities and its financial position for the financial year ended 31/12/2016

2- Approval of the report of the External Auditors on the bank's for the financial year ended 31/12/2016

3- Approval of the report of the Sharia Supervisory Board.

4- Approval of the Bank’s Balance Sheet and profit and loss statement for the financial year ended 31/12/2016

5- Approval on appointing Sharia Supervisory Board.

6- Approval of the proposal of the Board of Directors on the dividend of 3.5% bonus shares. Taking into consideration the following:

Last Entitlement Date: 5/4/2017

Ex-Dividend Date: 6/4/2017

Register Closing Date: 9/4/2017

7- Approval of the proposal of the Board of Directors remuneration.

8- Discharge of the members of the Board of Directors for the financial year ended 31/12/2016.

9- Discharge of the External Auditors for the financial year ended 31/12/2016.

10- Approval of appointment of (Deloitte) as an External Auditors for the financial year 2017 and agreed on their fees..
Last Date For Dividend EntitlementWednesday, April 05, 2017Ex-Dividend DateThursday, April 06, 2017
Register Closing (Settlement) DateSunday, April 09, 2017Trading Suspension Date
Trading Resuming DateDividends Payment Date
Payment EntityMeeting VenueAjman Saray
1 File(s)
Meeting Date/TimeApr 13, 2016 06:00:00 PMType of MeetingAnnual General Meeting
Net Profit/Loss122075000Cash Dividend
Bonus Share7
Announcements/Resolutions
  1. Approval of thedirectors' report on the Bank's activities and its financial position for thefinancial year ended 31/12/2015

  2. Approval of the report ofthe External Auditors on the bank's for the financial year ended 31/12/2015

  3. Approval of the report ofthe Sharia Supervisory Board.

  4. Approvalof the Bank’s Balance Sheet and profit and loss statement for the financialyear ended 31/12/2015

  5. Approvalon appointing Sharia Supervisory Board.

  6. Approval of the proposalof the Board of Directors on the dividend of 7% bonus shares.

  7. Approvalof the proposal of the Board of Directors remuneration.

  8. Dischargeof the members of the Board of Directors for the financial year ended 31/12/2015.

  9. Dischargeof the External Auditors for the financial year ended 31/12/2015.

  10. Approval of appointment of (Deloitte) as anExternal Auditors for the financial year 2016 and agreed on their fees.

    Special Resolutions:

    Approved and ratified the following:

  11. The BOD proposal to increase the authorizedcapital to become (AED2,100,000,000) and to increase the paid up capital from (AED1,050,000,000)to become (AED1,550,000,000) and the premium to be 35 fills per share afterobtaining all approvals required from the relevant competent regulatoryauthorities.

  12. The BOD proposal to amend the Memorandumand Articles of Association of the Bank in accordance with the CommercialCompanies Law and the AGM’s special resolutions subject to approval of thecompetent authorities.

  13. Reducing the Boardmembers number from 8 to 7 members in accordance with Article “143” of the new CompaniesLaw # 2/2015 which stated that the number of the board members should be oddnumber.


Last Date For Dividend EntitlementWednesday, April 20, 2016Ex-Dividend DateThursday, April 21, 2016
Register Closing (Settlement) DateSunday, April 24, 2016Trading Suspension Date
Trading Resuming DateDividends Payment Date
Payment EntityMeeting VenueAjman Kempanski Hotel
1 File(s)
Meeting Date/TimeApr 15, 2015 06:00:00 PMType of MeetingAnnual General Meeting
Net Profit/Loss71396000Cash Dividend
Bonus Share5%
Announcements/Resolutions

1-      Approval of the directors' report on the Bank's activities and its financial position for the financial year ended 31/12/2014

2-      Approval of the report of the External Auditor on the bank's budget and accounts approved by the Board of Directors for the financial year ended 31/12/2014

3-      approval of the Bank's budget for the year 2014 and the profit and loss account

4-      Approval of the report of the Fatwa and Sharia Supervisory regarding the activity of the bank is compatible with the provisions of the Islamic Sharia for the financial year ended 31/12/2014

5-      To approve the proposal of the Board of Directors on the dividend of 5% bonus shares.

6-      Discharge of the members of the Board of Directors and Auditors for the financial year ended 31/12/2014.

7-      To approve the proposal of the Board of Directors remuneration.

8-      Appointment of auditors for the financial year 2015 and to determine their remuneration.

9-      Election of the Board of Directors for the coming 3 years.

The AGM have approved all the above items and the appointing of (Deloitte) as an external auditors, and the election of the Board of Directors as follow:

 

1.       H.H Sheikh Ammar Bin Humaid Bin Rashid Al Noaimi

2.       H.H Sheikh Ahmed Bin Humaid Bin Rashid Al Noaimi

3.       H.H Sheikh Rashid Bin Humaid Bin Rashid Al Noaimi

4.       H.E Mohammed Hussain AlShaali

5.       H.E Dr. Ali Rashid Abdulla Ali Al Noaimi

6.       H.E Ali Abdulla Ali Alhamrani

7.       H.E Yousef Ali Fadil Bin Fadil

8.      H.E Salem Rashed Salem Kh Alshamsi

Last Date For Dividend EntitlementWednesday, April 22, 2015Ex-Dividend DateThursday, April 23, 2015
Register Closing (Settlement) DateSunday, April 26, 2015Trading Suspension Date
Trading Resuming DateDividends Payment Date
Payment EntityMeeting VenueAjman Kempanski
1 File(s)
Meeting Date/TimeApr 16, 2014 06:00:00 PMType of MeetingAnnual General Meeting
Net Profit/Loss10,599,000Cash Dividend
Bonus Share
Announcements/Resolutions

1-      Approval of the directors' report on the Bank's activities and its financial position for the financial year ended 31/12/2013

2-      Approve the report of the External Auditor on the bank's budget and accounts approved by the Board of Directors for the financial year ended 31/12/2013

3-      approval of the Bank's budget for the year 2013 and the profit and loss account

4-      Approval of the report of the Fatwa and Sharia Supervisory regarding the activity of the bank is compatible with the provisions of the Islamic Sharia for the financial year ended 31/12/2013

5-      To approve the proposal of the Board of Directors on the transfer of profits earned in the year 2013 to the retained earnings item and approved

6-      Discharge of the members of the Board of Directors and Auditors for the financial year ended 31/12/2013

7-      Appointment of auditors for the fiscal year 2014 and determine their remuneration

Last Date For Dividend EntitlementEx-Dividend Date
Register Closing (Settlement) DateTrading Suspension Date
Trading Resuming DateDividends Payment Date
Payment EntityMeeting VenueAjman Kempenski
1 File(s)
Meeting Date/TimeMar 21, 2013 06:00:00 PMType of MeetingAnnual General Meeting
Net Profit/Loss33,521,000.00Cash Dividend0%
Bonus Share0%
Announcements/Resolutions

Approval of the directors' report on the Bank's activities and its financial position for the financial year ended Levy 31/12/2012
Approve the report of the External Auditor on the bank's budget and accounts approved by the Board of Directors for the financial year ended 31/12/2012
Approval of the report of the Fatwa and Sharia Supervisory regarding the activity of the bank is compatible with the provisions of the Islamic Sharia for the financial year ended 31/12/2012
Bank's approval of the budget for the year 2012 and the profit and loss account
Appointment of auditors for the fiscal year 2013 and determine their remuneration
To approve the proposal of the Board of Directors on the transfer of profits earned in the year 2012 to the retained earnings item and approved
Discharge of the members of the Board of Directors and Auditors for the financial year ended 31/12/2012

Last Date For Dividend EntitlementEx-Dividend Date
Register Closing (Settlement) DateTrading Suspension Date
Trading Resuming DateDividends Payment Date
Payment EntityMeeting VenueKempinski Hotel Ajman
1 File(s)
Meeting Date/TimeApr 04, 2012 06:00:00 PMType of MeetingAnnual General Meeting
Net Profit/Loss6,956,000.00 AEDCash DividendN/A
Bonus ShareN/A
Announcements/ResolutionsApproved the Board of Directors report on the activity of the bank and its financial position for the financial year ended 31/12/2011- Ratification of the External Auditor's report on the budget and the bank accounts approved by the Board of Directors in the financial year ended 31/12/2011- Approved the Report of the Fatwa and Shari'a Supervisory Board with regard to the compatibility of the Bank's activities with the provisions of Islamic law for the financial year ended 31/12/2011- Approved the budget for the bank in 2011 and calculation of losses - Appointment of auditors for the fiscal year 2012 and determine their fees - Approved the Governing Council on the proposed transfer of profits earned in the year 2011 to retained earnings item - Discharge of the members of the Board of Directors and Auditors for the financial year ended 31/12/2011- Election of Board of Directors for the next three years
Last Date For Dividend EntitlementN/AEx-Dividend DateN/A
Register Closing (Settlement) DateN/ATrading Suspension DateN/A
Trading Resuming DateN/ADividends Payment Date
Payment EntityMeeting VenueKempinski Hotel Ajman
1 File(s)
Meeting Date/TimeMar 30, 2011 06:00:00 PMType of MeetingAnnual General Meeting
Net Profit/LossAED 4,034,000Cash Dividend
Bonus Share
Announcements/Resolutions- Approved the report of the BOD , Fatwa and Sharia Supervisory & the auditor’s report for the year ended 31/12/2010 - Approved balance sheet and the Income Statement of the company for the year ended 31/12/2010 - Absolved the members of the Board of Directors and the auditors from responsibilities for the year ended 31/12/2010 – Approved to appoint auditors for the Financial Year 2011
Last Date For Dividend EntitlementEx-Dividend Date
Register Closing (Settlement) DateTrading Suspension Date
Trading Resuming DateDividends Payment Date
Payment EntityMeeting VenueAjman Kimpiniski Hotel
Meeting Date/TimeMar 31, 2010 06:00:00 PMType of MeetingAnnual General Meeting
Net Profit/LossAED 1,133,000Cash Dividend
Bonus Share
Announcements/Resolutions- Approved BOD members, Fatwa and Sharia Supervisory Board and auditor’s report - Approved on the consolidated financial statements for the year ended 31/12/2009 - Absolved the members of the Board of Directors and the auditors from responsibilities for the year ended 31/12/2009 – Approved re- appointing auditors for 2010
Last Date For Dividend EntitlementEx-Dividend Date
Register Closing (Settlement) DateTrading Suspension Date
Trading Resuming DateDividends Payment Date
Payment EntityMeeting VenueAjman Kempenski Hotel
Top ShareholdersLast Refreshed at: 26 July 2017

Individual Investors

ShareholdersPercentage
GOVERNMENT OF AJMAN 26.23%
H.H.SHAIKH HUMAID RASHED HUMAID ALNUAIMI8.71%
SALEM ABDULLA SALEM ALHOSANI 5.00%
شركه السالم المحدوده ش .ذ.م.م 5.00%

  • 1 EN
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    Article of Association - 0001

Foreign Investments View all
National GCC Arab Other Nationalities
Country of Origin Actual Permitted Actual Permitted Actual Permitted Actual Permitted As of Date:
United Arab Emirates 89.52% 100% 1.22% 49% 2.21% 49% 7.05% 49% 26-07-2017
Showing Last 10 Corporate Governance Reports - AJMANBANK View all
No data could be found.
Showing Corporate Actions - AJMANBANK View all
Year2017Corporate Action TypeBonus Shares
Last Date For Action Entitlement4/5/2017Ex-Dividend Date4/6/2017
Register Closing (Settlement) Date4/9/2017Trading Suspension Date1/1/1900
Trading Resuming Date1/1/1900Run (Effective) Date1/1/1900
Corporate Action DetailsDistribute 3.5% Bonus Shares as agreed at the GA held on 29/03/2017
Year2016Corporate Action TypeBonus shares
Last Date For Action Entitlement4/20/2016Ex-Dividend Date4/21/2016
Register Closing (Settlement) Date4/24/2016Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsDistribute 7% bonus shares as agreed at the GA held on 13/4/2016
Year2015Corporate Action TypeBonus shares
Last Date For Action Entitlement4/21/2015Ex-Dividend Date4/22/2015
Register Closing (Settlement) Date4/25/2015Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsIssue 5% bonus shares as agreed at the AGM held on 15/04/2015 leading the number of shares reaches 1,050,000,000.00
Disclaimer
  • Ownership percentage is subject to change based on several reasons including the following:
    1. Trading activity.
    2. Off-Market Transactions such as family and inheritance transfers.
    3. Changes in the nationality status of investors.
    4. Securities deposits and withdrawals to and from DFM for Dual listed companies.
    5. Capital increase by issuing new shares to a strategic investor.
    6. Converting Bonds into shares.
    7. Equity added to the equity of the associated group.
    8. Direct Deals.

 

Percentages are updated daily after 4 pm
Disclaimer
The above published Ownership Percentages:
  • Are updated daily at the end of every trading day based on date of trade and not settlement date.

  • The ownership percentages are rounded off to 2 decimal places

  • Ownership percentages are subject to change due to the following:

    1. Trading activities.

    2. Off-Market Transactions such as family and inheritance transfers.

    3. Changes in the nationality status of investors.

    4. Securities deposits and withdrawals to and from DFM for Dual listed companies.

    5. Capital increases, by issuing new shares to Strategic investor

    6. Converting bonds or Sukuk into shares.

    7. Changes of associated group’s ownership.

    8. Direct Deals. (The ownership percentage is changed immediately after the execution of the deal).

    9. Failed trade settlement.


DISCLAIMER

The information provided in this document is only available in Arabic due to the (Dubai court attestations only being in Arabic herein after referred thereto as (“Information”) is provided by way of general information and comment only. While reasonable care has been taken in producing this Information, changes in circumstances may occur at any time and may impact on the accuracy of the Information. The Information does not constitute professional advice or provision of any kind of services and should not be relied upon as such.  Dubai Financial Market (“DFM”) and/or its affiliates, officers or employees,  does not give any warranty or representation as to the accuracy, reliability, timeliness or completeness of the Information now or in the future. DFM shall not be liable for any loss suffered, directly or indirectly by any person acting in reliance upon the Information contained herein. 


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