Dubai Islamic Bank - UAE
Main Category: Asset ManagementFirst Address : 1080
Second Address : Dubai Islamic Bank Building, Port Saeed
City : Dubai
Country : United Arab Emirates
Phone: 971 4 2953000
Fax: 971 4 2954111
Email: contactus@dib.ae
Website: www.dib.ae
ALL STORIES LIST
Sunday, 15 August 2010
Dubai's third-largest bank by market value, makes $82m profit in three months to June 30.
read more »Thursday, 10 June 2010
Board may help to standardise the industry and increase services available to Muslims.
read more »Wednesday, 2 June 2010
DIB said that it is 'currently evaluating the possibilities' of increasing its stake.
read more »Wednesday, 26 May 2010
Newly branded bank's shares closed at $3, 11% lower than its forerunner's last close.
read more »Wednesday, 19 May 2010
Dubai Islamic Bank eyes 1m customers, plans 10 new branches by 2010 end.
read more »Wednesday, 12 May 2010
General meeting approves the tier 2 wakala agreement with finance ministry.
read more »Wednesday, 5 May 2010
Bank made a net profit of $54.4m in Q1, sharply missing analysts predictions.
read more »Tuesday, 13 April 2010
Move to reaffirm Dubai government's commitment to honour all its financial obligations.
read more »Monday, 29 March 2010
Dubai Islamic Bank to cover financing requirements for Habshan 5 Plant.
read more »Thursday, 11 February 2010
'Decline is primarily due to the conservative and prudent approach adopted by the bank.'
read more »Wednesday, 10 February 2010
UAE finance ministry has agreed to grant the Dubai Islamic Bank with wakala capital.
read more »Tuesday, 9 February 2010
Speculators trying to push up share prices ahead of foreign investors coming in.
read more »Sunday, 7 February 2010
Deal will allow bank to provide sharia compliant financing or products.
read more »Tuesday, 2 February 2010
Operation branded Jordan Dubai Islamic Bank, with branch in Amman first of 10 planned.
read more »Thursday, 7 January 2010
The debt woes of Dubai property conglomerate Nakheel could prompt an overhaul of bankruptcy laws in the wider Gulf.
read more »Thursday, 10 December 2009
Bank plans to open 10 more branches in country after posting 207% rise in profit.
read more »Thursday, 5 November 2009
New survey reveals 28.6% growth for Shariah compliant banks amid downturn.
read more »Saturday, 24 October 2009
Results much worse than forecast, as lender books higher provisions for bad loans exposure.
read more »Monday, 5 October 2009
Islamic fund set to tap mid-income housing developments around Riyadh.
read more »Tuesday, 8 September 2009
Charges against ex-chairman, ex-CEO of Dubai developer include embezzlement.
read more »Wednesday, 19 August 2009
Official documents reveal extent of campaign to tackle corruption.
read more »Monday, 10 August 2009
Possible downgrade reflects challenges posed by stressed UAE property market.
read more »Wednesday, 29 July 2009
Detentions were part of a series of high-level arrests as gov't aims to root out corruption.
read more »Sunday, 26 July 2009
Stocks boosted by rising oil prices and better-than-expected corporate earnings.
read more »Saturday, 25 July 2009
Dubai Islamic Bank posts a net profit of AED450m($122.5m) in the second quarter.
read more »Tuesday, 7 July 2009
Agency says actions taken due to difficult financing environment and expected asset quality deterioration.
read more »Monday, 6 July 2009
Bank awarded preliminary banking licence by Central Bank of Jordan.
read more »Saturday, 4 July 2009
Service will enable Sharjah-based budget carrier’s customers to buy tickets from home.
read more »Monday, 22 June 2009
EXCLUSIVE: Former Dubai finance chief steps down from roles including National Bonds, Taaleem.
read more »Monday, 22 June 2009
Nasser al-Shaikh steps down from Dubai Islamic Bank, a day after leaving Deyaar.
read more »Wednesday, 3 June 2009
Purchase by DIB part of tender offer to retire $200m of outstanding sukuk certifcates.
read more »Tuesday, 28 April 2009
UAE’s biggest bank complying with Islamic financial law says profits low on provisions for bad loans.
read more »Monday, 27 April 2009
EGM confirms $1.2bn increase to fund expansion and protect lending position.
read more »Tuesday, 14 April 2009
Islamic banker warns of 'real threat' to industry if liquidity does not return by Q3.
read more »Saturday, 11 April 2009
Dubai Islamic Investment Group, with 40% bank stake will get preference.
read more »Wednesday, 8 April 2009
Total of 18 international, regional and local banks are involved in the refinancing deal.
read more »Wednesday, 25 March 2009
Dubai Islamic Bank announces dividend and bonus shares payout and outlines financial stength.
read more »Tuesday, 24 March 2009
Bank also examining converting emergency government deposits into regulatory capital.
read more »Monday, 9 March 2009
Dubai Islamic Bank defrauded out of $501m, say documents at the Public Prosecutor's office.
read more »Monday, 9 March 2009
Bank chiefs eye 15% increase in customer base, 10 new UAE branches by year-end.
read more »Wednesday, 25 February 2009
Chairman says bank has 'strong' liquidity position, and total assets of AED84bn.
read more »Saturday, 14 February 2009
The bank will open 10 new branches, plus Express Banking centres in malls.
read more »Thursday, 29 January 2009
Islamic bank inks a founding member sponsorship deal with Hawkamah Institute.
read more »Wednesday, 21 January 2009
UPDATE 7: Property giant’s stock dips after HSBC cut developer's price target.
read more »Tuesday, 23 December 2008
Two of Dubai's largest lenders raise minimum salary required to get personal loan.
read more »Tuesday, 16 December 2008
Investors services agency takes action amid mounting liquidity pressures in economy.
read more »Monday, 17 November 2008
Dubai Islamic Bank offers new service to customers after agreement with RTA.
read more »Monday, 27 October 2008
UAE's biggest Islamic lender sees net income in Q3 rise to $117.1mn, missing two analysts' forecasts.
read more »Sunday, 19 October 2008
Head of Dubai Islamic Bank says ambitious plans may be forced onto back burner.
read more »Sunday, 19 October 2008
UPDATE 5: UAE markets finish higher, but Sabic drags Saudi bourse down after posting Q3 results.
read more »Friday, 17 October 2008
Deyaar corruption probe continues with arrest of Saad Abdul Razak.
read more »Sunday, 21 September 2008
Abdulla Al-Hamli, also member of the board of directors of Deyaar, now DIB chief.
read more »Thursday, 18 September 2008
Another bad day for real estate giant Emaar, Kuwait only bourse showing positive.
read more »Friday, 12 September 2008
Investors in Plantation Project equestrian development will be compensated - report.
read more »Thursday, 11 September 2008
Fatigue selling sets in as Oman index loses another 5% in 30% fall since June 12.
read more »Thursday, 11 September 2008
UPDATE 2: Shares fall as investors wait to see how foreclosure will impact bank.
read more »Tuesday, 2 September 2008
Falling oil prices plays part in disappointing day for the region's share traders.
read more »Tuesday, 2 September 2008
UPDATE 1: Dubai Islamic Banks makes move through venture with DIC.
read more »Sunday, 31 August 2008
New anti-money laundering system implemented across the bank's operations in UAE and Pakistan
read more »Sunday, 31 August 2008
Dubai Islamic Bank signs deal to install new software across UAE, Pakistan operations.
read more »Monday, 25 August 2008
Dubai's Millennium Finance Corporation named as consultant to tender, says official report.
read more »Monday, 18 August 2008
AED 2 billion real estate firm unveils first project.
read more »Sunday, 17 August 2008
UPDATE 1: Emirate's public prosecutor promises strict and prompt action against offenders.
read more »Thursday, 14 August 2008
Bank also deploys new software to help boost service.
read more »Wednesday, 30 July 2008
Oracle Flexcube to provide full suite of core banking solutions, including Islamic finance, to DIB
read more »Saturday, 26 July 2008
Bank sees Q2 income hit $203.5mn, demand for lending surges on economic growth.
read more »Sunday, 20 July 2008
Dubai Islamic Bank affiliate posts $67mn profit on back of sales and international expansion.
read more »Sunday, 20 July 2008
Unit to target UAE first then expanding markets in Pakistan and the UK in 2009.
read more »Monday, 30 June 2008
Fund to do deals with Turkish, Indian financial services firms and Gulf retailer.
read more »Wednesday, 25 June 2008
Dubai Islamic and Kuwait's Global Investment House establish sharia compliant fund.
read more »Monday, 23 June 2008
Better bank compliance, transparency urged in wake of investigation into irregularities at Dubai Islamic.
read more »Saturday, 21 June 2008
New firm, Tashyed, to target UAE's real estate market, set to begin 2 projects.
read more »Sunday, 15 June 2008
Omair Mooraj second former Dubai Islamic employee caught up in fraud investigation.
read more »Wednesday, 11 June 2008
Statement comes after reports former VP and six others under investigation.
read more »Thursday, 5 June 2008
Ex-vice president of UAE's largest Islamic lender questioned in fraud probe.
read more »Wednesday, 28 May 2008
Developer will defy profit forecasts, despite police investigation, Al-Shaikh says.
read more »Tuesday, 20 May 2008
Dubai Islamic Bank hit by the police investigation into its property affiliate Deyaar.
read more »Friday, 16 May 2008
More banks are creating best-of-breed offerings to cater for ultra high net worth clients.
read more »Tuesday, 29 April 2008
Bank sees Q1 profit rises 31% to $151.4mn, helped by lending to UAE's realty sector.
read more »Monday, 28 April 2008
Lebanese national becomes third person arrested over alleged financial irregularities at Deyaar.
read more »Sunday, 30 March 2008
Lender agrees undisclosed stake in Millennium Finance to help it expand.
read more »Monday, 17 March 2008
Agreement to finance Dodsal's new pipeline replacement project awarded by GASCO.
read more »Thursday, 13 March 2008
State-owned utility shuts syndication of $2bn one-year Islamic loan, banking source says.
read more »Wednesday, 12 March 2008
Stocks across region push markets to higher close, bar Saudi which drops for fifth time in six days.
read more »Sunday, 24 February 2008
And banks and telecom companies the most attractive industries, Morgan Stanley says.
read more »Wednesday, 20 February 2008
Twenty-two Islamic banks set to grow stronger over decade, says investment bank Morgan Stanley.
read more »Monday, 21 January 2008
There is huge demand for women's only banking services across the Middle East prompting several banks in the region to launch female only products. Dubai Islamic Bank has gone one step further by opening five official women only branches and launching a women's credit card and auto finance as part of its Johara service. Rana Hindawi, product development manager at Johara, tells Holly Sands more about the service.
read more »Tuesday, 15 January 2008
EFG-Hermes report forecasts bleak Q4 for Dubai developer, Union Properties and Dubai Islamic Bank.
read more »Wednesday, 2 January 2008
Dubai Islamic Bank's ladies banking division Johara has launched two new products; the Johara Al Islami credit card and an auto finance service exclusively for women.
read more »Monday, 10 December 2007
Dubai Islamic Bank has joined forces with the emirate's ‘National Bonds' savings scheme, to make it available in all DIB's 45 outlets.
read more »Wednesday, 31 October 2007
Dubai Islamic Bank sees Q3 net income rise 25.2% to $106.2mn, missing forecasts.
read more »Wednesday, 10 October 2007
After losing two senior staff last month, DIB CEO Saad Abdul Razak to step down to take gov't job.
read more »Tuesday, 9 October 2007
Figures reflect growing capital base and confidence in regional markets, according to Ernst & Young.
read more »Wednesday, 3 October 2007
An increasingly wealthy female population has led the region's banks to launch a raft of "women only" services.
read more »Wednesday, 12 September 2007
New Escrow law aims to sustain Dubai's property boom, take financial risk out of buying off-plan property.
read more »Wednesday, 5 September 2007
The managing director of Hircon International, Darshan Hiranandani has criticised the newly introduced escrow account law, describing it as an unnecessary extra cost.
read more »Saturday, 1 September 2007
Three leading banks have launched escrow accounts following amendments in Dubai's property law in a bid to increase transparency levels within the emirate's real estate sector.
read more »Thursday, 23 August 2007
Arabian Business talks to a regional private banker with a personal approach to dealing with his increasingly demanding clients.
read more »Thursday, 16 August 2007
The Dubai Land Department has defended escrow accounts amid rumours of "grey areas" for developers registered as offshore.
read more »Saturday, 11 August 2007
The Islamic lender opens two Dubai branches as part of plans to boost UAE network.
read more »Thursday, 2 August 2007
Three leading banks launch escrow accounts following amendments to Dubai's property law.
read more »Sunday, 29 July 2007
Dubai Islamic Bank profits soar 190% year-on-year to $294mn as it books gains from property unit IPO.
read more »Wednesday, 25 July 2007
Dubai Islamic Bank has launched the region's first escrow 'trust' account service for real estate developers.
read more »Saturday, 21 July 2007
The region's banking sector is facing up to the biggest shake-up it has ever witnessed during its tender 50-year history.
read more »Wednesday, 18 July 2007
Waqf Trust Services will offer family wealth protection and succession planning advice according to sharia principles.
read more »Friday, 13 July 2007
One of Dubai's smartest residential areas is about to witness the construction of its first freehold estate. Christopher Sell goes on site at Acacia Avenues in Jumeirah to witness the lengths developers have to go to in Dubai to retain the publics' interest.
read more »Wednesday, 11 July 2007
Dubai Islamic Bank is looking at selling a convertible bond that complies with Islam's ban on interest.
read more »Wednesday, 4 July 2007
DP World has again broken the mould in pursuit of its global ambitions and become the first UAE company to issue a sukuk in the US market.
read more »Thursday, 21 June 2007
The Dubai port operator has narrowed the price guidance on its 10-year Islamic bond.
read more »Saturday, 16 June 2007
A controversial Sharia-compliant fund has caused concern among some Islamic scholars. Arabian Business studies the hedge fund conundrum.
read more »Tuesday, 12 June 2007
DIB teams with Deutsche Bank and Goldman Sachs to provide Sharia compliant access to hedge funds.
read more »Saturday, 2 June 2007
Arabian Business reports on why last week's investor conference in London could be just the beginning of the DFM's global drive for institutional investors.
read more »Saturday, 2 June 2007
Scope Information Systems, a leading Dubai based systems integrator and Dubai Islamic Bank (DIB) launched the first phase of a two-phase project to integrate the bank's internal communications, business process management (BPM) and workflow automation onto one easy-to-use platform.
read more »Thursday, 31 May 2007
As Islamic financial instruments develop, they need to decide what they want to be when they grow up.
read more »Thursday, 31 May 2007
How new sukuk structures can balance commercial imperatives with the demands of Shariah compliance.
read more »Wednesday, 30 May 2007
Dubai Islamic Bank has completed the first phase of its systems integration project.
read more »Wednesday, 23 May 2007
Dubai Islamic Bank expects an 80% increase in its Islamic bond management business.
read more »Sunday, 20 May 2007
The UAE developer is seeking a syndicated loan to finance its Al Raha project.
read more »Sunday, 20 May 2007
WEF special: projects in areas such as transport, energy and finance aim to boost the economy.
read more »Wednesday, 16 May 2007
Property firm claims that $866m offering has attracted at least five times that amount.
read more »Thursday, 10 May 2007
The first of two Boulevard Plaza towers in the Burj Dubai district is set to launch this Sunday.
read more »Saturday, 5 May 2007
Dubai Islamic to sell 55% stake in property arm in UAE’s biggest IPO.
read more »Wednesday, 2 May 2007
Firm will increase the value of UAE projects five times by 2009 following next week's IPO.
read more »Tuesday, 1 May 2007
Dubai Islamic Bank (DIB) has deployed a solution from financial software vendor Check Free that confirms the validity of day-to-day transactions.
read more »Monday, 30 April 2007
Dubai Islamic Bank plans to more than double its network by mid-2008.
read more »Thursday, 26 April 2007
New projects and mounting assets for Deyaar are pushing the Dubai-based real estate company fast up the property ladder.
read more »Tuesday, 24 April 2007
The bank's $115m first-quarter profits are up 28% on last year; total income rose 38%.
read more »Sunday, 22 April 2007
Gulf's biggest public offering in 15 months will be open to Arab nationals only.
read more »Thursday, 12 April 2007
Dubai Islamic Bank (DIB) has deployed a solution from financial software vendor Check Free that confirms the validity of day-to-day transactions.
read more »Monday, 9 April 2007
The DFM's winning streak was cut short today as the market closed at a loss.
read more »Saturday, 7 April 2007
The bank has said a report in UAE daily al-Bayan is 'totally untrue'.
read more »Wednesday, 21 March 2007
Dubai Islamic Bank is on track for the first $800m of a $5bn group of private equity.
read more »Wednesday, 7 March 2007
As the UAE launches a money laundering investigation, we look at how technology can play in a part in stopping this illegal activity.
read more »Sunday, 4 March 2007
DIB teams up with Kharafi Group for Dubai World Central contract finance package.
read more »Saturday, 3 March 2007
Deyaar, a subsidiary of Dubai Islamic Bank, has announced plans for an Initial Public Offering (IPO) during the first half of 2007.
read more »Wednesday, 28 February 2007
Dubai Islamic Bank (DIB) is aiming to speed up consumer loan processing by deploying a specialised banking solution from Nucleus Software.
read more »Monday, 26 February 2007
Dubai Islamic Bank is to make its property unit a public joint stock company.
read more »Sunday, 25 February 2007
Dubai Islamic Bank is selling its first-ever U.S. dollar-denominated Islamic bond.
read more »Thursday, 15 February 2007
Standard Chartered is among those who will manage the Dubai Islamic Bank's inaugural U.S. dollar sukuk.
read more »Friday, 9 February 2007
Dubai Islamic Bank's real estate arm, Deyaar, has announced its financial results for 2006
read more »Wednesday, 31 January 2007
There are growing opportunities for private equity investors as regional businesses realise the advantages of external funding and demand for infrastructure projects increases
read more »Friday, 1 December 2006
Dubai Islamic awarded A1 rating for foreign currency
read more »Thursday, 30 November 2006
The UAE’s “auto ownership mania” has made the country a prime international market for carmakers – a business opportunity which has not escaped the local retail bankers. With a plethora of auto financing packages currently available in the marketplace, are car buyers getting a good deal?
read more »Tuesday, 31 October 2006
Dubai dips below 400 and KSA goes under the 9000 mark. Why is it happening and how long will it last?
read more »Tuesday, 31 October 2006
Net profit for first nine months up 26% year on year
read more »Saturday, 30 September 2006
The choice of Islamic financial products is becoming larger and larger. Now, more and more investors are looking to Islamic vehicles in order to plan for their future. ABF looks at the array of Islamic personal investment products on offer
read more »Thursday, 31 August 2006
Fund invests in shipping assets via Musharaka model
read more »Sunday, 6 August 2000
Dubai Islamic Bank has announced a multi-million dirham deal to revamp its systems.
read more »