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DIB signs USD 150 Million Murabaha deal with Turkcell to accelerate Türkiye’s tech transformation

Dubai Islamic Bank has signed a USD 150 million Murabaha financing agreement with Turkcell, Türkiye’s leading telecommunications and technology services provider. The facility will...

DIB celebrates golden jubilee with a bold new vision for the future

Dubai Islamic Bank (DIB), the world’s first Islamic bank and the largest in the UAE, honours its 50th anniversary—a historic milestone for the bank...

Dubai Islamic Bank shareholders approve 45% dividend for 2024

Dubai Islamic Bank (DIB) successfully concluded its Annual General Assembly (AGM), with shareholders approving the bank’s financial statements for the year 2024 and other...

Dubai Islamic Bank publishes its first sustainability-linked finance facilities financing framework

Following the country’s ambitious climate-positive actions, Dubai Islamic Bank (DIB), the largest Islamic bank in the United Arab Emirates, has announced its inaugural Sustainability-Linked...

Dubai Islamic Bank full year 2024 group financial results

Dubai Islamic Bank (DIB) announced a robust set of financial results for the year ended December 31, 2024, demonstrating solid performance and continued growth...

DIB increases its stake to 25% in digital bank in Türkiye

Dubai Islamic Bank (DIB) announced that it has increased its shareholding in T.O.M. Group from 20% to 25%. This strategic move follows the initial...

Moro Hub collaborates with Dubai Islamic Bank to deliver secure colocation and advanced cybersecurity services

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority, signed a Memorandum of Understanding with Dubai Islamic...

Dubai Islamic Bank successfully issues additional Tier 1 Sukuk

Dubai Islamic Bank successfully issued a USD 500 million Additional Tier 1 Sukuk with a profit rate of 5.25% per annum. The Basel III-compliant...

Dubai Islamic Bank leads $3.25 billion financing transaction for GEMS Education

Dubai Islamic Bank (DIB) announces that it played a pivotal role in spearheading a landmark USD 3.25 billion financing facility for GEMS Education, the...

Dubai Islamic Bank Announces Group Financial Results for First Quarter of 2024

Dubai Islamic Bank announced its results for the period ending March 31, 2024. Q1 2024 Highlights: Net Profit (Pre-Tax) registered AED 1,850 million up 22%...

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