Dar al-Maal al-Islami Trust ("The House of Islamic Money"), founded in 1981, is a leading Islamic financial institution with affiliates on four continents and assets under management

Assets under management

Assets under management is a financial term used denote the market value of funds being managed by a financial instutition on behalf of its clients, investors, depositors, etc. This metric is a sign of size and success against competition...

 of over $3.6 billion USD, operating in accordance with Zakat

Zakat

Zakāt , one of the Five Pillars of Islam, is the giving of a fixed portion of one's wealth to charity, generally to the poor and needy.-History:Zakat, a practice initiated by Muhammed himself, has played an important role throughout Islamic history...

 principles of Islamic banking

Islamic banking

Islamic banking is banking or banking activity that is consistent with the principles of Islamic law and its practical application through the development of Islamic economics. Sharia prohibits the fixed or floating payment or acceptance of specific interest or fees for loans of money...

. Its slogan is "Allah is the purveyor of success."

Overview

DMI Trust has two main business units, Takafol and Retakafol, for Islamic banking and Islamic insurance/reinsurance respectively; these are based in the Bahamas, Luxembourg, and the United Kingdom. Fund management and financial services in Switzerland and Morocco, investment banking in Bahrain and Pakistan, commercial and retail banking in the Gulf region and other parts of the world. Additionally, DMI Trust operates the Faisal Islamic Bank

Faisal Islamic Bank

Faisal Islamic Bank of Egypt is an Islamic bank in Egypt.-History:Faisal Islamic Bank of Egypt is the first Egyptian Islamic & Commercial Bank and is one of the most important Egytpian banks...

 group of investment companies with affiliates in Bahrain, Egypt, Pakistan, Qatar and the United Arab Emirates.

Notable personnel

• Ibrahim Mustafa Kamel – chairman until October 17, 1983; according to Douglas Farah, Kamel was among the early financial backers of the Muslim Brotherhood
  Muslim Brotherhood
  The Society of the Muslim Brothers is the world's oldest and one of the largest Islamist parties, and is the largest political opposition organization in many Arab states. It was founded in 1928 in Egypt by the Islamic scholar and schoolteacher Hassan al-Banna and by the late 1940s had an...
  
  .
• Prince Mohammed al-Faisal al-Saud – chairman after 1983.
• Omar A. Ali
  Omar A. Ali
  Omar Abdi Ali is a Somali entrepreneur, accountant, financial consultant, philanthropist, and a leading specialist on Islamic finance. From 1986 to 1999, Omar was CEO of Dar al-Maal al-Islami Trust , a Middle Eastern financial and banking group, which under his management increased it assets from...
  
   – CEO from 1986 to 1999.
• Abdulkarim Khaled Yusuf Abdulla – became chairmain in 2002.
• Haydar Mohamed bin Laden – BOS member