Two-year Islamic certificate backed by Sharia-compliant assets

Provides exposure to 12 highly tradable and liquid commodity markets through a market neutral trading strategy

High level of capital protection without the need to tie-up all capital for the whole investment period

Dubai, April 25, 2012: Dubai Islamic Bank (DIB) announced today the launch of the Al Islami Aquantum Dirham Certificate, a two-year Islamic certificate which enables investors to capitalise on Commodity Market movements without tying up all of their capital.

The Al Islami Aquantum Dirham Certificate offers exposure to a diversified portfolio of 12 highly liquid and tradable commodity markets, including energy, agriculture and livestock. The Core Index systematically takes long and short positions in selected commodity futures contracts, with the objective of profiting from relative changes between the prices of futures contracts with different maturities for the same underlying commodity.

Investors enjoy a high level of capital protection without the requirement to tie-up all their capital for the whole investment period. Investors receive 90% of their total investment within two business days from the issue date, with profit distributed at maturity based on the performance of the Index. The Certificate is denominated in UAE dirhams with a minimum investment of AED 100,000.

"In today's challenging economic climate, the Al Islami Aquantum Dirham Certificate stands out as it returns 90% of the investment in two working days from the issue date, while earning returns on 100% of the invested amount," said Dr. Adnan Chilwan, Deputy CEO - Chief of Consumer & Wholesale Banking, DIB. "The Certificate gives medium term investors the opportunity to gain exposure to a wide range of commodities, in a Sharia compliant manner and without locking up their capital"

The Al Islami Aquantum Dirham Certificate is issued by The Royal Bank of Scotland (RBS) and will be solely distributed by DIB in the UAE

The certificate has been approved by the Fatwa and Sharia Supervisory Board of Dubai Islamic Bank.

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About Dubai Islamic Bank:
Dubai Islamic Bank (DIB), established in 1975, is the first Islamic bank to have incorporated the principles of Islam in all its practices and is the largest Islamic bank in the UAE. DIB is a public joint stock company, and its shares are listed on the Dubai Financial Market. The bank enjoys a reputation as a leader and innovator in maintaining the quality, flexibility and accessibility of its products and services. The bank currently operates 74 branches in the UAE.

DIB has been proactive in creating partnerships and alliances at both the local and international level. The bank has established DIB Pakistan Limited, a wholly owned subsidiary which has a network of 75 branches across 30 major cities in Pakistan. DIB has also started operations in Jordan, with the establishment of Jordan Dubai Islamic Bank.

DIB has earned the respect of its peers around the world for many years, and its leading position has been reaffirmed by the 86 local, regional and international accolades that it has won between 2008 and 2011. DIB has won awards across diversified areas, including retail, corporate and investment banking, as well as CSR and consultancy services. The bank's most recent awards include being named "Best Islamic Bank in UAE" for the fifth consecutive year by Islamic Finance News, "Best Islamic Bank" in the UAE for 2010 by NY-based Global Finance magazine, "Best Islamic Bank in the UAE" by Asiamoney magazine, and being named winner of the first-ever pan-Arab emeafinance award for corporate social responsibility.

For further information, please contact:
Liam Turner / Nicholas Nesson
ASDA'A Burson-Marsteller
Dubai, UAE
Tel: 971-4-4507600
Fax: 971-4-4358040
E-mail: / n.nesson@asdaa.com

© Press Release 2012