Home | About Us | Feedbackk   
 

Business Strategies for the Muslim World
   
 
April 2008: Rabi-II 1429: Issue 25 
 
 Home /  
 
DS100

The 2004 DS100
Top 100 Companies of the Muslim World

Criteria |
DS100 Feedback
| Credits | Corrections

Click to see 2005 Ranking

Analysis
Where are the Brands & Service Companies?

Emerging Industry Diversity Counters Oil Dominance

Listed
Companies
By Industry
By Country
COMPANY
LISTED
RANK
DS100
RANK
COUNTRY
REVENUE 2003* US$ (millions)
INDUSTRY
Saudi Basic Industries Corporation (SABIC) 1 9 Saudi Arabia  $   12,478 Chemical Manufacturing
Koc Holding A.S. 2 10 Turkey  $   10,995 Diversified -Automotive, Energy, Finance
Saudi Telecom Company 3 13 Saudi Arabia  $     7,352 Telecommunications
Turkish Petroleum Refineries Corporation (Tupras) 4 18 Turkey  $     5,917 Oil & Gas - Integrated
Petrol Ofisi A.S. 5 19 Turkey  $     5,534 Oil & Gas Operations
Saudi Electric Company 6 22 Saudi Arabia  $     4,714 Electric Utilities
Dogan Holding 7 24 Turkey  $     4,461 Diversified-Finance, Energy, Media, Industry,
Tenaga Nasional Bhd 8 25 Malaysia  $     4,332 Electric Utilities
Isbank 9 26 Turkey  $     4,289 Commercial Banking
Bank Mandiri 10 28 Indonesia  $     3,750 Commercial Banking
Sime Darby Bhd 11 30 Malaysia  $     3,622 Diversified- Plantations, Heavy Equipment, Auto
Astra International 12 31 Indonesia  $     3,406 Diversified-Auto, Finance, Heavy Equipment
Akbank TAS 13 35 Turkey  $     3,215 Commercial Banking
Oriental Holdings Bhd. 14 37 Malaysia  $     3,134 Auto & Truck Parts
Telekom Malaysia Bhd 15 38 Malaysia  $     3,105 Telecommunications
Yapi Kredi Bank 3 16 39 Turkey  $     3,086 Commercial Banking
Pakistan State Oil Company Ltd. 17 40 Pakistan  $     3,044 Oil & Gas Operations
Group ONA 18 42 Morocco  $     2,541 Diversified-Mining, Construction, Finance
Emirates Telecommunications Corporations (Etisalat) 19 43 United Arab Emirates  $     2,512 Telecommunications
Iran Khodro Plc 2 20 44 Iran  $     2,500 Auto & Truck Manufacturing
PPB Group 21 45 Malaysia  $     2,451 Diversified-Food, Property
Perusahaan Otomobil Nasional Bhd (Proton) 22 46 Malaysia  $     2,439 Auto & Truck Manufacturing
Petronas Dagangan Bhd 23 47 Malaysia  $     2,588 Oil & Gas Operations
Maybank Group 24 48 Malaysia  $     2,408 Commercial Banking
Gudang Garam Tbk Pt 2 25 49 Indonesia  $     2,305 Tobacco
Malaysian Airline System Bhd 26 51 Malaysia  $     2,281 Airline
Turkcell 27 52 Turkey  $     2,219 Telecommunications
Vestel 4 28 54 Turkey  $     2,131 Appliance & Tools
BFI Finance Indonesia 2 29 55 Indonesia  $     2,120 Commercial Banking
FFM Berhad 30 56 Malaysia  $     2,105 Food Processing
Indofood Sukses Makmur Tbk., Pt 31 58 Indonesia  $     1,961 Food Processing
Berjaya Group 32 59 Malaysia  $     1,892 Diversified-Finance, Retail, Property Dev.
Bank Negara Indonesia Tbk, Pt 33 64 Indonesia  $     1,716 Commercial Banking
Commerce Asset-Holding Bhd 34 65 Malaysia  $     1,607 Commercial Banking
Pt Hanjaya Mandala Sampoerna Tbk 35 66 Indonesia  $     1,607 Tobacco
Bank Central Asia Tbk 36 69 Indonesia  $     1,513 Commercial Banking
Arab Banking Corporation Bsc 37 70 Bahrain  $     1,494 International Trade Financing
Malaysia International Shipping Corp. Berhad (MISC) 38 72 Malaysia  $     1,430 Water Transportation
Ereğli Iron And Steel Works Co. 39 74 Turkey  $     1,345 Iron And Steel
Savola Group 40 75 Saudi Arabia  $    1,315 Food Processing
Edaran Otomobil Nasional Bhd (EON) 41 76 Malaysia  $     1,313 Retail - Automobile
Drb-Hicom Bhd 42 77 Malaysia  $     1,290 Diversified- Automotive, Property, Services
Arab Bank Plc 43 78 Jordan  $     1,272 International Trade Financing
Maxis Communications Berhad 44 80 Malaysia  $     1,231 Telecommunications
Amsteel Corporation Bhd 45 81 Malaysia  $     1,200 Diversified- Steel, Retail, Agriculture, Real Estate
Pakistan Telecommunication Company Ltd. 46 82 Pakistan  $     1,189 Telecommunications
Turkiye Sise Ve Cam Fabrikalari A.S. 47 83 Turkey  $     1,298 Glass And Glass Product Maufacturing
Enka Holdings Yatrim As 48 85 Turkey  $     1,159 Construction Services
Genting Berhad 49 86 Malaysia  $     1,115 Diversified- Hospitality, Plantations, Property
Al Rajhi Banking And Investment Corp. 50 87 Saudi Arabia  $     1,104 Commercial Banking
Finansbank A.S. 5 51 89 Turkey  $     1,097 Commercial Banking
Samba Financial Group 52 90 Saudi Arabia  $     1,094 Commercial Banking
AMMB Holdings Bhd. 53 92 Malaysia  $     1,071 Commercial Banking
YTL Corporation Berhad 54 93 Malaysia  $     1,059 Diversified- Utilities, Construction, Real Estate
Emaar Properties 55 94 United Arab Emirates  $     1,051 Construction Services
Orascom Telecom Holding S.A.E 56 95 Egypt  $     1,045 Telecommunications
UMW Holdings Bhd 2 57 96 Malaysia  $     1,034 Diversified- Automotive, Oil & Gas, Manufacturing
Riyad Bank 58 97 Saudi Arabia  $     1,033 Commercial Banking

 

 Reference notes:
 1. Revenue figures are estimates based on 2003 crude oil production (OPEC data) only
 2. Based on End of Fiscal Year 2002 (EOY 2003 could not be obtained)
 3. Owned by Cukurova Group, Turkey (Cukurova Groups revenue could not be obtained)
 4. Owned by Zorlu Holding, Turkey (Zorlu Holdings' revenue could not be obtained)
 5. Owned by Fiba Holding, Turkey (Fiba Holdings' revenue could not be obtained)
 6. QPCL is now held by Industries Qatar which was formed in April 2003

 * Revenue Numbers are based on available figures for 2003 Fiscal Year unless noted.
    Learn more about the criteria used and sources here

 

 


AddThis Social Bookmark Button