Saturday 26 May 2018
 
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Dubai Islamic Bank

Dubai Islamic Q1 profit surges 16pc to $330m

Dubai Islamic Bank, the first Islamic bank in the world, has posted a net profit of Dh1.211 billion ($330 million) for the first quarter of 2018, up 16 per cent compared with Dh1.042 billion for the same period last year. Total in

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DLD inks e-mortgage deal with Dubai Islamic Bank

The Dubai Land Department said it has signed an e-mortgage agreement with Dubai Islamic Bank to help minimise the procedures for its customers in submitting documents for mortgage contract registrations. The agreement is aimed at

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Dubai Islamic Bank issues $1bn Islamic bond

Dubai Islamic Bank (DIB) said it has successfully issued a $1-billion sukuk (Islamic bond) with a five-year tenor, maturing on February 6, 2023 on the back of the bank’s strong financial performance and attractive market positioning.

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Dubai Islamic Bank 9-month profit hits $898.7m

Dubai Islamic Bank (DIB), the first Islamic bank in the world and the largest Islamic bank in the UAE by total assets, reported a group net profit of Dh3.301 billion ($898.7 million) for the nine-month period ending September 30, up 10 per cent

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Dubai Islamic Bank H1 net profit up 7pc to $583m

Dubai Islamic Bank (DIB), the first Islamic bank in the world and the largest Islamic bank in the UAE by total assets, today reported a group net profit of Dh2.143 billion ($583.45 million), for the first half of this year, up 7 per cent compare

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Dubai Islamic wins five top industry awards

Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, bagged five ‘Industry Awards’ at a ceremony by CPI Financial, the publisher of Banker Middle East magazine held recently at the Emirates Towers Hotel in Dubai, UAE.

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Dubai Islamic Bank wins top business award

Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, has been awarded the Global Islamic Business Award in the first ever edition in the region. The award was presented by Sheikh Maktoum Bin Mohammed Bin Rashid Al Maktou

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Dubai Islamic Bank unit wins Kenya licence

Dubai Islamic Bank,  the largest Shariah compliant lender in the UAE, said its Kenyan subsidiary, DIB Bank Kenya, has been granted licence by the central bank to carry out operations in the east African nation. With this appr

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Dubai Islamic 2016 profit up 6pc to $1.1bn

Dubai Islamic Bank (DIB) has reported a net profit of Dh4.050 billion ($1.1 billion) for 2016, an increase of 6 per cent compared to Dh3.839 billion in 2015. At the Annual General Meeting (AGM) held yesterday (February 23) in Duba

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Dubai Islamic Bank issues $1bn senior sukuk

Dubai Islamic Bank has announced the successful pricing of the largest senior sukuk issuance by a financial institution globally. The $1 billion sukuk was issued with a five-year tenor, maturing on February 14, 2022. The issuance

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