The Islamic Bank of Asia
| Company type | Subsidiary |
|---|---|
| Industry | Banking |
| Founded | 7 May 2007 |
| Defunct | 15 September 2015 |
| Headquarters | Singapore |
Key people | Abdulla Hasan Saif, Chairman Vince Cook, CEO |
| Products | Financial services, Islamic banking |
| Parent | DBS Bank |
| Website | www.islamicbankasia.com |
The Islamic Bank of Asia (IB Asia) was launched by DBS Bank on 7 May 2007 after receiving official approval from the Monetary Authority of Singapore for a full bank licence. IB Asia's founding shareholders include majority stakeholder DBS and 34 Middle Eastern investors from prominent families and industrial groups from Gulf Cooperation Council (GCC) countries.