Dubai Islamic Bank
Dubai Islamic Bank (“DIB”) was established in 1975 as the world’s first Islamic bank offering a complete suite of Sharia-compliant products and services to consumers, the wholesale market and institutional clients. DIB’s mission is to maintain and improve its position as one of the world’s leading Islamic banks through unsurpassed customer service, innovation, growth and consistent employee engagement. The merger of DIB with Noor Bank is a testament to DIB’s collective efforts towards fulfilling its mission.
As at 31 December 2019, DIB is the second-largest Islamic bank in the world and the largest Islamic bank in the UAE based on total assets value.
DIB continues to embrace and champion digitalisation; having launched paperless branches in 2014 and developed a state-of-the-art Mobile App in 2015, its current initiative focuses on “Banking in minutes”, further enhancing the customer experience.
UAE Market Share
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Assets7.6%
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Deposits9.0%
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Financing9.7%
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Assets232Billion AED
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Islamic financing151Billion AED
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Deposits164Billion AED
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Country presence, key countries include UAE, Pakistan, Turkey, Kenya and Indonesia7
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Branches503
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Market capitalisation36Billion AED
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Employees supporting operations9+Thousand
Last updated, the year ended 31 December 2019
