The bank added that its “new size and scale” when combined with Noor Bank “will allow DIB to expedite its strategy to connect the dots from Far East, sub-continent, and East Africa with Dubai”.
It collects scores across five component areas " quantitative development, knowledge, governance, corporate social responsibility, and awareness " for the 131 countries where Islamic finance has a presence.
“Winning these two prestigious awards is a recognition of our continuous efforts to develop our retail portfolio, create value-added products and provide the best Shariah-compliant banking services to our customers.”
Dubai Islamic Bank (DIB) has hired lenders to arrange meetings with investors ahead of a potential issue of five-year sukuk, or Islamic bonds, denominated in U.S. dollars, a document showed.
This year's programme is themed: "Strategic Thinking, Agile Leadership and Curiosity, and Application of FinTech Innovations".