Dubai Islamic Bank
Dubai
https://www.dib.ae
Dubai Islamic Bank
Dubai Islamic Bank, established in 1975, holds the distinction of being the first Islamic bank to incorporate the principles of Sharia in all its practices and operations. It is the largest Islamic bank in the UAE by assets and is a public joint-stock company listed on the Dubai Financial Market. With its adherence to Islamic law, it has set a high standard in the banking industry and is regarded as the Best Islamic Bank in the UAE.
Services and Operations
Dubai Islamic Bank provides a wide range of services that abide by the Sharia law. Its operations are guided by a clear and consistent vision of offering a better way to bank, putting customer needs at the forefront. The bank operates within the framework of Islamic laws and principles, offering services that are consistent with these guidelines. This unique approach to banking has made it a leading institution in the UAE's robust financial sector.
Global Presence
Despite being rooted in the UAE, Dubai Islamic Bank has a strong global presence. It operates on an international scale, extending its Islamic banking services to customers around the world. Being a public joint-stock company, its reach extends beyond the UAE, reflecting its significant influence in the global banking market. The bank's success is not only confined to the Middle East, but it has made its mark on the worldwide stage, proving its mettle in the competitive banking sector.
Online Presence
Dubai Islamic Bank maintains a strong online presence on various social media platforms. These platforms, such as Facebook and Instagram, allow the bank to engage with its customers directly, provide updates on its latest news, and offer services from Monday to Saturday, 8 AM to 8 PM. The bank's robust online presence is a testament to its commitment to modern banking practices while adhering to traditional Islamic principles.
Branches
Dubai Islamic Bank
التقاطع الرابع - الطابق الرضي - Sheikh Zayed Rd - Dubai
Dubai Islamic Bank (DIB) | Al Barsha – Al Ittihad Mall Branch, Dubai
G-17, Al Barsha Mall، 23rd Street, Al Barsha - Dubai
Dubai Islamic Bank (DIB) | Ibn Battuta Branch, Dubai
China Court, IBN Battuta Mall, Jebel Ali - Jebel Ali Village - Dubai
Personal
Deposits
Features:
Sharia-compliant Wakala investment; funds must remain for full tenor to earn expected profit.
Features:
Available in AED and USD; flexible tenors from 1 to 24 months.
Mortgages
Features:
Only available for first-time property buyers.
Features:
Exclusive for UAE Nationals under government-backed housing schemes.
Car Loans
Features:
Available for new and used cars, installment deferment via DIB alt phone banking.
Features:
Available for new and used electric cars, installment deferment via DIB alt phone banking.
Safe Deposit Lockers
Special Features:
Standard vault storage, available for both personal and business customers
Special Features:
Standard vault storage, available for both personal and business customers
Personal Loans
Features:
Sharia-compliant (Sukuk purchase and sale). Flexible repayment plans, potential high financing limits.
Features:
Finances intangible services under Ijara structure; easy installments for rent, medical, educational fees, etc.
Savings Accounts
