The Dubai Islamic Bank (DIB) is an
Islamic bank in
Dubai
Dubai (, ; ar, دبي, translit=Dubayy, , ) is the most populous city in the United Arab Emirates (UAE) and the capital of the Emirate of Dubai, the most populated of the 7 emirates of the United Arab Emirates.The Government and Politics of ...
, established in 1975 by Haj Saeed Bin Ahmed Al Lootah. It is the first Islamic bank in the world to have incorporated the principles of Islam in all its practices and is the largest Islamic bank in the UAE.
Bank
Established in 1975, Dubai Islamic Bank is the largest Islamic bank in the UAE by assets and a public joint-stock company listed on the
Dubai Financial Market
The Dubai Financial Market (DFM) ( ar, سوق دبي المالي) is a stock exchange located in Dubai, United Arab Emirates. It was founded on 26 March 2000.
Overview
, there are 67 companies listed on DFM. Most of them are UAE-based companie ...
.
Spearheading the evolution of the global Islamic finance industry, DIB is also the world's first full-service Islamic bank and the third-largest Islamic bank in the world. The Bank currently operates 90 branches across the UAE, is present in seven markets worldwide and is expanding its global footprint to further grow and develop the industry. Serving close to 1.7 million customers, DIB offers its growing consumer base an increasing range of innovative Sharia-compliant products and services.
DIB Significant Subsidiaries and Associates
Dar Al Sharia: Dar Al-Sharia is a Sharia legal and financial consultancy firm established in 2008.
Dubai Islamic Bank Pakistan: Dubai Islamic Bank Pakistan was established in 2006 as a fully owned subsidiary.
Panin Dubai Syariah Bank: 38.3% ownership in a Shariah compliant player in Indonesia, which has one of the largest Muslim populations in the world.
Bank of Khartoum: DIB holds a stake in Bank of Khartoum, one of the largest banks in Sudan.
Deyaar: Deyaar Development is a real estate development company established in 2002.
Bosna Bank International: Bosna Bank International was established in 2000 as the first Sharia-compliant bank in Europe.
DIB Bank Kenya Limited: License obtained from Central Bank of Kenya (CBK) in May 2017 exclusively to offer Shariah compliant banking services in Kenya.
Services
Dubai Islamic Bank offers corporate, as well as, personal, SME, and priority banking services all across Pakistan. With a variety of accounts, DIB gives its users access to conventional cash management, online payments, business financing, and saving services.
See also
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Noor Bank
Noor Bank (formerly Noor Islamic Bank) was established in January 2008, in Dubai - United Arab Emirates.
In 2018, the bank was ranked the 11th largest bank in the UAE in terms of asset size.
Noor Bank is a full-service Shari’a-compliant bank, ...
*
Mashreq
The Mashriq ( ar, ٱلْمَشْرِق), sometimes spelled Mashreq or Mashrek, is a term used by Arabs to refer to the eastern part of the Arab world, located in Western Asia and eastern North Africa. Poetically the "Place of Sunrise", the n ...
References
External links
Official website
{{Authority control
Banks of the United Arab Emirates
Companies based in Dubai
Companies listed on the Dubai Financial Market
Emirati companies established in 1975
Banks established in 1975
Multinational companies headquartered in the United Arab Emirates