The Board of Directors of Ithmaar Holding B.S.C. announced the appointment of Mr. Juma Hasan Ali Abul as an Executive Director, representing the major shareholder Dar Al- Maal Al-Islami Trust (?DMIT?), effective 28 February 2024 after obtaining the approval from the Central Bank of Bahrain. DMIT's appointment of Mr. Abul follows the resignation of their previous representative, Mr. Mohammed Bucheeri. Mr. Abul was further appointed as an Executive Director on the Board of Directors of Ithmaar Holding's wholly-owned subsidiary, Ithmaar Bank B.S.C. (Closed).