Dubai Islamic Bank (DIB) announced today that it has been named “Best Islamic Retail Bank” by the International Islamic Finance Forum.
Celebrating excellence in Islamic finance, the event was held alongside the International Islamic Finance Forum 2010 and witnessed keen participation from decision makers in the Islamic banking and finance industry.
The award, presented to DIB at an exclusive ceremony at Raffles, Dubai, is another addition to the bank’s host of industry accolades this year, following the 24 it received in 2009.
“We are extremely pleased to be named ‘Best Islamic Retail Bank’ in the UAE,” said Abdulla Al Hamli, Chief Executive Officer, Dubai Islamic Bank. “As the world’s first Sharia-compliant bank, and with over 35 years of experience in the Islamic finance arena, Dubai Islamic Bank remains committed to providing innovative, relevant products and services that meet the diverse needs of needs of our customers across the UAE.
“Our most recent retail product, Al Islami Salam Finance, is an example of our ability to fulfil the requirements of our more than 900,000 customers in the UAE alone. We are grateful to the International Islamic Finance Forum for appreciating our continued efforts.”
DIB continues to be recognised by its peers for the excellence of its operations and innovative nature of its Sharia-compliant products and services. Most recently, the bank was named “Best Islamic Bank” in the UAE for 2010 by Global Finance magazine; “Best Islamic Bank in the UAE” by Asiamoney; “Best Islamic Bank in the UAE” for the fifth consecutive year by Islamic Finance News; and “Best Investment Bank” by emeafinance.
