Dubai Islamic Bank PJSC (DIB) is a leading Islamic bank in the UAE, providing a full range of Sharia-compliant banking services. Established in 1975, it became the world’s first full-service Islamic bank and is now the largest Islamic bank in the UAE by assets. DIB operates across five key business segments:
- Consumer Banking: Includes deposits, Murabaha, Salam, Home Finance, Ijara, credit cards, and funds transfer facilities for individual customers.
- Corporate Banking: Offers financing, credit facilities, deposits, current accounts, and cash management for businesses.
- Treasury: Manages the bank’s liquidity, market risk, and provides Sukuk and specialized financial instruments to manage these risks.
- Real Estate Development: Through a subsidiary, DIB is engaged in property development and real estate investments.
- Other Operations: Includes the international business, real estate, and ancillary services.
DIB has a strong presence in the UAE, operating 90 branches and serving over 1.7 million customers globally. It is expanding its footprint across seven markets worldwide.
Significant Subsidiaries and Associates
- Dar Al Sharia: A Sharia legal and financial consultancy firm, founded in 2008.
- Dubai Islamic Bank Pakistan: Fully owned subsidiary, established in 2006.
- Panin Dubai Syariah Bank: A 38.3% stake in a Sharia-compliant bank in Indonesia.
- Bank of Khartoum: Stake in one of Sudan’s largest banks.
- Deyaar Development: A real estate development company.
- Bosna Bank International: The first Sharia-compliant bank in Europe.
- DIB Bank Kenya Limited: Established in 2017 to offer Sharia-compliant banking services in Kenya.
Financial Performance
For 2022, DIB posted a group net profit of AED 5.6 billion, reflecting its robust performance in the Islamic banking sector.
Country of Incorporation
United Arab Emirates (UAE)
Incorporation Date
September 29, 1979
Business Sector
Banking & Investment Services
Company Address
7th Floor, New DIB Head Office Tower A, P.O. Box 1080, Dubai, UAE
