Tuesday 23 May 2017
 
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Dubai Islamic Bank Q1 profits up 4pc to $283m

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 Dh1.042 billion ($283.68 million) for the first quarter of this year, up 4 per cent compa

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DIB launches Panin Dubai Syariah Bank in Indonesia

Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, has celebrated the launch of Panin Dubai Syariah Bank in Indonesia. Following regulatory approvals in 2015, Dubai Islamic Bank acquired almost 40 per cent in PT Bank P

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DIB rings bell to celebrate $1bn sukuk listing of Nasdaq Dubai

Dubai Islamic Bank (DIB) yesterday (March 1) rang the market-opening bell to celebrate the listing of a $1 billion sukuk by the bank on Nasdaq Dubai. Mohamed Abdulla Al Nahdi, deputy chief executive of DIB, rang the bell.

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Nasdaq Dubai welcomes $1bn DIB sukuk listing

Nasdaq Dubai today welcomed the listing of a $1 billion sukuk by Dubai Islamic Bank (DIB), the UAE’s largest Islamic bank, on the region’s international exchange. It brings the total value of DIB’s sukuk current

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DIB partners with flydubai for new credit card

Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, has announced the launch of its credit card in partnership with Dubai-based low-cost airline flydubai. The new DIB flydubai Credit Card will enable customers to enrol

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DIB partners with flydubai for new credit card

Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, has announced the launch of its credit card in partnership with Dubai-based low-cost airline flydubai. The new DIB flydubai Credit Card will enable customers to enrol

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Dubai Islamic Bank profits up 7pc to $819.7m

Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE by total assets, posted a group net profit of Dh3.011 billion ($819.78 million) for the first nine months of this year, up 7 per cent compared with Dh2.801 billion for the same period

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DIB sukuk may open window for Gulf bond issues

Gulf issuers of overseas bonds, kept on the sidelines by volatile markets, may revive their issue plans after Dubai Islamic Bank, the largest Islamic bank in the United Arab Emirates, completed a $1 billion sukuk issue. The capita

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DIB, Air Arabia sign $230m aircraft financing deal

Dubai Islamic Bank (DIB) and Sharjah-based Air Arabia have signed a $230 million aircraft financing deal to facilitate the delivery of six new Airbus A320 aircraft in 2015. The signing ceremony was held in the DIB head office in the pre

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Dubai Smart Government activates DIB e-linkages

Dubai Smart Government (DSG) has announced the successful activation of electronic linkage between its Government Resources Planning (GRP) Systems and Dubai Islamic Bank (DIB). This initiative is in line with DSG’s strategy

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