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About
Dubai - Dubai Islamic Bank |
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Dubai
Islamic Bank has the unique distinction of being the world’s
first fully-fledged Islamic bank, a pioneering institution that has
combined the best of traditional Islamic values with the technology
and innovation that characterise the best of modern banking.
Since its formation in 1975, Dubai Islamic Bank has established
itself as the undisputed leader in its field, setting the standards
for others to follow as the trend towards Islamic banking gathers
momentum in the Arab world and internationally.
Islamic banking is now one of the world’s fastest-growing
economic sectors, comprising close on 200 institutions responsible
for assets estimated at more than $200 billion.
In this context, the role of Dubai Islamic Bank is even more impressive.
Yet, the bank remains true to its roots as a customer-centred organisation
where close personal service and understanding form the basis of
all its relationships. Tradition and heritage join with a commitment
to flexibility, innovation and modernity, so that customers of every
nature are provided with comprehensive solutions to all their financial
needs.
* Retail Banking :- Customers are always the top
priority at DIB. That’s why the Retail Banking division offers
a range of solution-driven and cost-effective products and services
that cater for the different needs of individual clients, ensuring
that the personal touch is more than just a name. With 30 years’
experience in Islamic banking to draw on, Dubai Islamic Bank has
combined the highest ethical standards of Sharia’ah with state-of-the-art
technology to provide a range of products that rank with the best
in the world.
* Private Banking :- Al Islami Private Banking
facility offers premium advice and solutions for wealthy individuals
and families, recognising their unique needs for customised products
and services. Al Islami Private Banking with DIB provides clients
with powerful resources for preserving and growing their wealth
through dedicated expertise and close personal attention, thus expanding
their ability to reach critical financial objectives.
* Johara Banking :- "Recognising women’s
needs for specialist banking services, Johara combines a comprehensive
range of banking facilities with privileges such as shopping discounts
and health and educational benefits. Johara offers a friendly and
professional customer service to meet all banking and financial
requirements. DIB’s first dedicated Johara branch was opened
by in Jumeirah, Dubai, in 2003, followed by Abu
Dhabi in 2004 and Sharjah
in 2005. Johara services are now available in 10 branches across
the UAE.
* Business Banking :- DIB has a wealth of knowledge
and experience of the specialist finance needs of the business world.
From short-term loans to ease cash-flow management, to financing
property, import and export shipping, mergers and acquisitions,
and the myriad requirements of the dynamic business environment,
DIB promises fast decisions, speedy implementation, and competitive
rates
* Corporate Banking :- The UAE business environment,
one of the most dynamic in the world, is under impressive changes,
innovation, and excitement. DIB, being one of the largest banks
in the Middle East with extensive financial and physical infrastructure
in the region and beyond, has taken a leading role in shaping the
dramatic transformation that Dubai and the UAE has experienced over
the past 30 years. This role is being played with a conscious approach
which is based on customer focus, solution through product innovation
and embracing modern technology to integrate customers with bank’s
operations and to ensure faster turnaround time.
* Investment Banking :- The Investment Banking
Group in Dubai Islamic Bank is a trusted provider of integrated
capital markets and advisory solution to clients worldwide –
working extensively relationship with corporations, financial institutions,
governments and institutional investors in the Gulf Cooperative
Council countries and beyond.
* Real Estate :- As the UAE’s leading provider
of real estate finance, Dubai Islamic Bank plays a major role in
supporting infrastructure and real estate developments, ranging
from construction of road networks and bridges to commercial property,
residential estates, and high-rise buildings. The bank has now consolidated
its leadership by offering total banking and finance solutions that
meet the emerging challenges in the real estate industry by establishing
a new structure that includes Contracting Finance and Real Estate
Finance.
* Sharia Board:- DIB’s Fatwa & Sharia’ah
Supervision Board comprises reputable scholars with extensive experience
in law, economics, and banking systems and specialising in law and
finance as prescribed by Islamic Sharia’ah. The Board is appointed
by the bank’s General Assembly and ranks above the Board of
Directors. Its task is to supervise the development and production
of innovative Sharia’ah-compliant investment and financing
products. The Board is fully competent to issue fatwas in any matter
proposed to it by different business units of the bank, and the
Sharia’ah auditors ensure that these are carried out in all
banking transactions. The presence of such expert Sharia’ah
supervision at DIB is clear evidence of how Islamic banking is practised
in letter and spirit, providing shareholders and customers with
complete assurance that all dealings are free from riba (interest).
Visit Dubai Islamic Bank for more information :- www.alislami.co.ae
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