Tag: #Dubai Islamic Bank
Dubai Islamic Bank posts AED 3.4 billion in half-year net profit
The bank’s total income soared by 21.3% YoY to AED 11.3 billion, showcasing its ability to drive substantial revenue growth
Dubai Islamic Bank unveils sustainable home finance ‘Nest’
The sustainable home finance’s benefits include discounts on home finance rates, discounts on due diligence and documentation fees
UAE’s Dubai Islamic Bank, Mastercard partner to introduce cross-border payments
Recognising the need for speed in today's fast-paced world, Mastercard Cross-Border Services have been optimised for quick and efficient fund transfers.
Dubai developer Nakheel secures $4.6 billion funding to fuel growth
Nakheel, the developer behind Dubai’s artificial palm-shaped islands, said Tuesday that it secured $4.6 billion (AED 17 billion) in financing from a group of...
Dubai Islamic Bank nine months 2021 group financial results, maintained strong operating performance
Dubai Islamic Bank announced its results for the period ending September 30, 2021.
9M 2021 Highlights:
Sustained sequential growth in profitability supported by disciplined cost management...
Emiratisation: Dubai Islamic Bank proud to be creating a new generation of leaders
Dubai Islamic Bank (DIB) has made great strides in achieving its Emiratization agenda playing a key role in overcoming the challenges posed by the...
DIB increases Foreign Ownership to 40%
Following all regulatory approvals received from UAE Central Bank and the Securities and Commodities Authority (SCA), DIB has today, through the Dubai Financial Market...
Nasdaq Dubai welcomes listing of USD 500 million Sukuk by Dubai Islamic Bank
Nasdaq Dubai welcomes the listing of a 500 million US dollar perpetual Additional Tier 1 Sukuk, issued by the Dubai Islamic Bank (DIB), the...
Dubai Islamic Bank successfully closes lowest-ever pricing on an AT1 issuance from the GCC
Dubai Islamic Bank successfully priced a landmark USD 500 million Perpetual Non-Call 5.5yrs Additional Tier 1 Sukuk with a profit rate of 3.375% per...
Dubai Islamic Bank shareholders approve 20% dividend as robust growth continues despite economic challenges
Dubai Islamic Bank (DIB) successfully concluded its Annual General Meeting (AGM) held remotely at the bank’s headquarters in Dubai. Following the conclusion of the...