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22 May 2013 Updated at 12:37 PM UAE
Dubai Islamic Bank - UAE
Dubai Islamic Bank (DIB) was founded in 1975 as a fully-fledged Islamic financial institution offering a range of Sharia-compliant products and services. Today, DIB provides retail, corporate, private, consumer, and investment banking; and contracting and real estate finance.
Over the past decades the bank has expanded its presence in the UAE and currently operates 22 branches and employs 6894 staff. Most recently, the bank has joined forces with Dubai-based developer Nakheel to form a property joint venture company known as Tashyed.
The companies dedicated start-up capital of USD 544.5 million to Tashyed to undertake real estate developments across the UAE.
Over the past decades the bank has expanded its presence in the UAE and currently operates 22 branches and employs 6894 staff. Most recently, the bank has joined forces with Dubai-based developer Nakheel to form a property joint venture company known as Tashyed.
The companies dedicated start-up capital of USD 544.5 million to Tashyed to undertake real estate developments across the UAE.
More about the company
Address: Dubai Islamic Bank Building, Port Saeed PO Box 1080 , Dubai, UAE26 March 2000
DIB, Al Islami
Joint stock
12 March 1975
Public
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Officers »
| Board of Directors | Position |
Mohammed Ibrahim Al Shaibani |
Chairman |
Saleh Saeed Ahmad Lootah |
Board Member |
Tarek Humaid Al Tayer |
Board Member |
Abdulrahman Al Hareb |
Board Member |
Saed Mubarak Al Mehairi |
Board Member |
| Sharia Board | Position |
Hussain Hamed Hassan |
Chairman |
Ali Muhieddine Al Qurra Daghi |
Member |
Mohammed Abdulrazzaq Al Siddiq |
Member |
Ajil Jassem Al Nashmi |
Member |
Mohammed Abdulhakim Zair |
Secretary of the Board |
| Management | Position |
Abdulmuneim Bastaqi |
Executive Vice President - Group Chief Financial Officer |
Adnan Chilwan |
Chief of Retail and Business Banking |
Mohamed Al Nahdi |
Chief of Central Operations |
Mohammed Saeed Al Sharif |
Executive Vice President - Financial Affairs |
Ayman Kamal |
Executive Vice President - Real Estate Finance |
Major Shareholders
| Name | Country |
Investment Corporation of Dubai |
UAE |
Kuwait Finance House - Kuwait |
Kuwait |
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