Dubai Islamic Bank

Dubai Islamic Bank: Islamic banking in the United Arab Emirates

Dubai Islamic Bank (DIB) presents itself as the first Islamic bank to incorporate Sharia principles into all its practices. The institution operates under the license and regulation of the Central Bank of the United Arab Emirates and is headquartered on Al Maktoum Road, Deira, Dubai.

Services for individuals

The personal offering includes accounts, cards, deposits, investment products, auto finance, home finance, and personal finance. It also offers branch banking services, fund transfers, and other services. For specific clients, the bank distinguishes segments such as Emirati Banking, Wajaha Private Banking, Aayan Exclusive Banking, Mumayyaz Privilege Banking, and Johara Ladies Banking.

Solutions for businesses

In the corporate sphere, DIB offers Corporate Banking, Treasury, Business Banking, Investment Banking, Business Finance, Real-Estate, Foreign Exchange, Money Markets, and Merchant Finance. The institution also facilitates investment services through its strategic partner Al Ramz Capital LLC, which enables trading in financial markets.

Digital channels and tools

The bank makes the DIB alt mobile app available to customers, which allows opening an account in minutes by scanning a code. In addition, the app incorporates Digital Pass, a secure method to approve online transactions with debit or covered cards, without the need to receive a one-time password via SMS. The website includes tools such as Product Finder, IBAN Validator, Product Comparator, IBAN Generator, Finance Calculator, Exchange Rates, and Profit Rates.

Recognitions and programs

The institution calls itself "Best Islamic Bank in the UAE". It also has a program for Emirati graduates aimed at the professional development of UAE nationals. In the area of social responsibility, DIB maintains a focus on environmental awareness, social support, and governance (ESG).

Corporate and contact information

DIB is a public joint stock company (PJSC) headquartered in Dubai. Its SWIFT code is DUIBAEAD and its routing number is 802420101. The website provides sections such as Investor Relations, Media Center, Customer Charter, and Work With Us, among others.

Location and contact

Al Maktoum Road, Deira, P.O. Box 1080, Dubai, UAE