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Dubai Islamic Bank

Latest financial news on DIB, a public joint-stock company and bank that operates on Sharia principles

Group chief executive Adnan Chilwan anticipates Dubai Islamic Bank's lending growth to match the projected 10 per cent increase this year. Photo: DIB

Dubai's DIB open to acquiring other banks and FinTech businesses

BankingDecember 12, 2024
NMC Holdco owns the restructured NMC operating companies through its wholly owned subsidiary, NMC Opco. Reuters

NMC Healthcare and DIB reach out-of-court settlement

MarketsMarch 19, 2024
Dubai Islamic Bank said its customer deposits increased to Dh222 billion in 2023. Photo: DIB

Dubai Islamic Bank's 2023 profit climbs 24% on higher revenue

BankingJanuary 23, 2024
Last month, DIB said it was acquiring a 20 per cent stake in Turkey's TOM Group of Companies, marking its entry into the nation's banking sector. Photo: DIB

Dubai Islamic Bank profit climbs 20% driven by higher revenue

MarketsOctober 31, 2023
Dubai Islamic Bank's entry into the Turkish market will help its strategy of providing financial services to mass population segments. Photo: DIB

Dubai Islamic Bank acquires 20% stake in Turkey's digital bank operator TOM

BankingSeptember 29, 2023
The combined net profit of the UAE's four biggest banks, including FAB, was up $3 billion on the first half of 2022.

UAE's four largest banks post profit rise boosted by high interest rates

BankingAugust 24, 2023
Dubai Islamic Bank's total customer deposits by the end of March reached Dh198 billion. Handout

Dubai Islamic Bank’s profit jumps 11% on strong fee income

BankingApril 19, 2023
Emirates NBD, FAB, ADCB and DIB account for about 77 per cent of banking assets in the UAE. Reuters

Profits of UAE's largest banks to grow in 2023, says Moody's

BankingMarch 24, 2023
DIB's latest sustainable sukuk is the biggest by a Middle East financial institution in international capital markets since June 2021. Photo: DIB

Dubai Islamic Bank raises $1bn from sustainable sukuk issuance

BankingFebruary 13, 2023
Dubai Islamic Bank profits rose 25 per cent in 2022

Dubai Islamic Bank 2022 profit surges 25%

BankingJanuary 25, 2023
Dubai Islamic Bank said its inaugural sustainable finance issue was the largest by a GCC bank since February. Photo: Dubai Islamic Bank

Dubai's DIB raises $750m from sustainable sukuk issue

BankingNovember 23, 2022
Emirates NBD is among the UAE banks to report strong second-quarter profit growth. Reuters

Interest income boosts aggregate Q2 net profit of top 10 UAE banks

BankingAugust 25, 2022
DIB's total income increased more than 8 per cent in the second quarter of the year. Photo: Dubai Islamic Bank

DIB second-quarter net income climbs 33%

BankingJuly 27, 2022
The bank's total income for the first quarter increased 6 per cent annually to Dh3bn. Photo: Dubai Islamic Bank

Dubai Islamic Bank's first-quarter net profit jumps 57% on lower impairment charges

BankingApril 27, 2022
Dubai Islamic Bank said it aims to generate stronger returns for its shareholders as the UAE's economy continues to recover from the coroanvius pandemic. Mona Al Marzooqi / The National

Dubai Islamic Bank shareholders approve $490m in dividend payments for 2021

BankingMarch 02, 2022
FILE PHOTO: A man rides a bicycle past Emirates NBD head office in Dubai, UAE January 30, 2018. REUTERS / Satish Kumar / File Photo

Moody's: UAE banks to return to 'pre-pandemic' profitability in 12-18 months

BankingFebruary 28, 2022
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