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Dubai Islamic posts solid H1 growth; net profit up 8.6%Dubai Islamic Bank (DIB) has registered solid growth for the first six months with the group's net profit surging 8.6% YoY to hit AED3.38 billion ($920 million), while its total income rose to AED11.2 billion ($ More… |
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NMC, Dubai Islamic Bank reach out-of-court settlementNMC Healthcare group (NMC), one of the largest integrated private healthcare providers in the United Arab Emirates, and Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, have announced the amicable resolution and signing of an out More… |
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NMC, Dubai Islamic Bank reach out-of-court settlementNMC Healthcare group (NMC), one of the largest integrated private healthcare providers in the United Arab Emirates, and Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, have announced the amicable resolution and signing of an out More… |
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Dubai Islamic Bank prices $1bn third sustainable bondDubai Islamic Bank has successfully priced its third sustainable sukuk – a landmark $1 billion 5-year senior issue with a profit rate of 5.243% per annum representing a spread of 95bps over 5-Year US Treasuries. More… |
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Dubai Islamic Bank offers new credit card with many benefitsDubai Islamic Bank (DIB), the largest Islamic bank in the UAE and the second-largest Islamic bank in the world, has launched “SHAMS” Credit Card in partnership with Visa, a world leader in digital payments. More… |
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Dubai Islamic Bank net profit for 2023 surges 26pc to $1.9bnDubai Islamic Bank, the largest Islamic bank in the UAE, has announced that its group net profit for FY 2023 came in at AED7.01 billion ($1.9 billion), up 26% y-o-y compared to AED5.5 billion ($1.49 billion), driven by rising non-funded More… |
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Nasdaq Dubai welcomes $750m sukuk listing by Dubai Islamic BankNasdaq Dubai today (February 15) welcomed the listing of a $750 million sukuk (Islamic bond) by Dubai Islamic Bank (DIB). The five-year new sukuk issuance is part of DIB’s $7.5 billion sukuk programme. Th More… |
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Dubai Islamic 2021 net profits up 39% to hit $1.2bnDubai Islamic Bank, the largest Islamic bank in the UAE, saw a year-on-year (YoY) increase of 39% in net profit to reach AED4,406 million ($1.2 billion) in 2021 vs AED3,160 million in the previous year. Operating revenues remained More… |
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Dubai Islamic posts $232m net profit for Q1Dubai Islamic Bank, the largest Islamic bank in the UAE and the second largest Islamic bank in the world, has posted a net profit of AED853 million ($232.2 million) for the first quarter (Q1) of the year, rebounding strongly from last quarter. More… |
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Dubai Islamic closes lowest-ever pricing on AT1 issuanceDubai Islamic Bank has successfully priced a landmark $500 million Perpetual Non-Call 5.5 years Additional Tier 1 Sukuk with a profit rate of 3.375 per cent annually. This transaction represents the lowes More… |
