Dubai Islamic Bank raises stake in Türkiye’s T.O.M. Group to 25%
DUBAI: Dubai Islamic Bank (DIB), the UAE’s largest Islamic bank, announced Monday it has increased its shareholding in T.O.M. Group from 20% to 25%. This...
Dubai Islamic Bank shareholders approve 25% dividend for 2021
UAE: Dubai Islamic Bank (DIB) Annual General Assembly Meeting approved the bank’s 2021 financial statements and other tabled resolutions, demonstrating the confidence of the shareholders...
Dubai Islamic Bank closes lowest-ever pricing on an AT1 sukuk from the GCC
DUBAI: Dubai Islamic Bank PJSC (DIB), rated A3 by Moody’s and A by Fitch, successfully priced a landmark USD 500 million Perpetual Non-Call 5.5yrs Additional...
Dubai Islamic Bank closes $1.0 billion AT1 Sukuk
DUBAI: Dubai Islamic Bank PJSC (DIB) successfully priced a USD 1 billion Perpetual Non-Call 5.5yrs Additional Tier 1 Sukuk with a profit rate of 4.625%...
Dubai Islamic Bank completes integration of Noor Bank
DUBAI: Dubai Islamic Bank (DIB) has completed the integration of Noor Bank with the successful migration of all banking relationships into DIB. The acquisition further...