- Dubai Islamic Bank
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Dubai Islamic Bank Type Public Industry Financial Services Founded 1975 Headquarters Dubai, United Arab Emirates Products Banking and insurance Website http://www.dib.ae The Dubai Islamic Bank is an Islamic bank in Dubai, established in 1975.
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Financial Information
Figure 2004 2003 2002 Total Assets 30,613,361 22,778,319 19,587,790 Shareholder's Equity 2,687,419 1,548,180 1,473,986 NIAT 461,003 234,456 159,798 Dividends NA 150,000 100,000 Assets Growth 34.40% 16.23% 27.81% Earning Growth 96.64% 46.72% 4.77% Dubai Islamic Bank (DIB), established in 1975, is the first Islamic bank to have incorporated the principles of Islam in all its practices and is the largest Islamic bank in the UAE.[citation needed] DIB is a public joint stock company, and its shares are listed on the Dubai Financial Market. The bank currently operates 62 branches in the UAE.
DIB is involved in local and international partnerships, having established DIB Pakistan Limited, a wholly owned subsidiary which has a network of 35 branches across 15 major cities in Pakistan. DIB also has a representative office in Turkey, and has received a preliminary banking licence by the Central Bank of Jordan to operate as an Islamic financial institution through a new entity - Jordan Dubai Islamic Bank.
See also
References
External links
- www.dib.ae - official website for Dubai Islamic Bank
Categories:- Islamic banks
- Banks of the United Arab Emirates
- Companies based in Dubai
- Asian bank stubs
- United Arab Emirates stubs
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