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Company News - Dubai Islamic Bank
Dubai Islamic Bank Launches Virtual Branch To Revolutionise Training Experience For Employees (17 November 2015)
Dubai Islamic Bank, DIB, the largest Islamic bank in the UAE, has introduced a Virtual Branch facility, which will provide new and existing bank employees with the vital experience of the end to end business activities, in addition to cementing their understanding of banking operations.

Dubai Islamic Bank Plans To Boost Capital After Surge In Lending (29 October 2015)
Dubai Islamic Bank (DIB) will need to boost capital in 2016, Chief Executive Adnan Chilwan said on Wednesday, after a period of strong lending.

Dubai Islamic Bank Rolls Out Innovative ’Visa Paywave’ Technology To Offer Its Cardholders Contactless Payments (19 October 2015)
Dubai Islamic Bank, DIB, the largest Islamic bank in the UAE, has announced the introduction of Visa payWave cards.

Dubai Islamic Bank Rises Most In 3 Months On Second-Quarter Net (29 July 2015)
Dubai Islamic Bank PJSC, the biggest Shariah-compliant lender in the United Arab Emirates, rallied the most since April after posting a 35 percent increase in second-quarter profit.

Dubai Islamic Bank Sets Initial Price Thoughts For 5-Yr Dollar Sukuk-Leads (27 May 2015)
Dubai Islamic Bank will price a dollar-denominated sukuk issue as early as Wednesday after releasing price guidance for the transaction, a document from lead managers said.

Dubai Islamic Bank Wins Three Islamic Finance News Deal Of The Year Awards (5 March 2015)
Dubai Islamic Bank (DIB), the largest Islamic Bank in the UAE, announced today that it has won three awards at the prestigious Islamic Finance News (IFN) Awards 2015.

Dubai Islamic Bank Records 63 Percent Increase In Profit In 2014 (2 March 2015)
Dubai Islamic Bank, DIB, has recorded a net profit of AED2.8 billion for the 12 months ended December 31st, 2014 ,a significant increase of 63 percent compared to AED1.70 billion in 2013, a statement from the bank said.

Dubai Islamic Bank Group Profit Up By 63 Percent (25 January 2015)
Dubai Islamic Bank, the first Islamic bank in the world and the largest Islamic bank in the UAE by total assets, today announced its results for the year ended December 31st, 2014.

Dubai Islamic Bank Prices US $1 Billion 6.750% Tier 1 Capital Issuance (19 January 2015)
Dubai Islamic Bank announced the successful pricing of a US $1 billion Tier 1 capital-eligible issuance with a perpetual (non-call 6) maturity.

Noor Takaful Enters Into Strategic Banca Takaful Partnership With Dubai Islamic Bank (11 November 2014)
Noor Takaful, the Islamic insurance arm of Noor Investment Group, has signed a Banca Takaful agreement with Dubai Islamic Bank (DIB).


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