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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 posts AED 3.4 billion in half-year net profit

The bank’s total income soared by 21.3% YoY to AED 11.3 billion, showcasing its ability to drive substantial revenue growth

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 pledges AED 11 million to support ‘Dubai Schools’ project

The initiative aligns with Dubai’s vision of delivering outstanding education and establishing advanced schools in line with global benchmarks

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%...

Dubai Islamic Bank shareholders approve 45% dividend for 2023

Dubai Islamic Bank (DIB), the UAE's largest Islamic bank, has successfully concluded its Annual General Assembly (AGM) with the approval of the bank’s 2023...

Dubai Islamic Bank successfully prices USD 1 billion Sustainable Sukuk

Dubai Islamic Bank successfully priced its third Sustainable Sukuk – a landmark USD 1 billion 5-year senior issue with a profit rate of 5.243%...

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