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USD $79.5 billion (2023 [1]) Number of employees. 10,000 [1] Website. www.dib.ae. The Dubai Islamic Bank (DIB) is an Islamic bank in Dubai, established in 1975 by Saeed Bin Ahmed Lootah. It is the first Islamic bank in the world to have incorporated the principles of Islam in all its practices and is the largest Islamic bank in the United Arab ...
Dubai Banking Group is the global shari'a compliant financial investor of Dubai Group with assets valued at over USD 10 billion (AED 36.7 billion). [1] The group was established in 2007 when Dubai Islamic Investment Group, founded in 2004, and Dubai Bank, founded in 2002, consolidated their activities to form Dubai Banking Group.
Bank Name [1] Bank name (in Arabic) Headquarters Stock code (if applicable) [2] [3] Abu Dhabi Commercial Bank: بنك أبوظبي التجاري: Abu Dhabi: ADX: ADCB: Abu Dhabi Islamic Bank
The Dubai Islamic Bank (DIB) fraud case was a case originally brought in 2008 that involved the alleged embezzlement of 1.8 billion Dirhams (approximately US$501 million or £330 million) by a group of six (originally seven) bank executives and expat businessmen over the period 2004-2007.
He began work for Dubai Islamic Bank in 2008, first serving as the Chief of Retail Banking and later as the Deputy Chief Executive Officer. [5] [6] In 2010, he became a founding member of the board of directors for the Sharia-compliant Emirates Real Estate Investment Trust, a joint venture between Dubai Islamic Bank and Eiffel Management. [7]
In 1975, the Islamic Development Bank was set up with the mission to provide funding to projects in the member countries. [72] The first modern commercial Islamic bank, Dubai Islamic Bank, was established in 1979. [73] The first Islamic insurance (or takaful) company – the Islamic Insurance Company of Sudan – was established in 1979. [65]
Islami Bank Bangladesh PLC. (IBBPLC) (Bengali: ইসলামী ব্যাংক বাংলাদেশ পিএলসি.), more commonly known as Islami Bank, is an Islamic banking company based in Bangladesh. It became incorporated on 13 March 1983 as a public limited company under the Companies Act 1913 and started operation on 30 ...
Mohammed Ibrahim Al Shaibani (Arabic: محمد إبراهيم الشيباني), is a non-royal government official in Dubai, UAE, currently serving as director general of The Dubai Ruler's Court, a government entity within the Emirate of Dubai (also known as Al Diwan Al Amiri, or Diwan Al Hakim). He is the board member & managing director of ...