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Dubai Islamic Bank introduces state-of-the-art 'Al Islami Business Online' for companies

•Over 75 services can be accessed online

•Free set-up until March 31, 2012

Dubai, January 24, 2012 - As part of its strategy to provide innovative banking services, Dubai Islamic Bank ( DIB ) announced today the launch of Al Islami Business Online, a portal enabling companies to access over 75 services at the click of a button.

Developed to help businesses in the UAE easily manage their finances, Al Islami Business Online enables companies to administer their funds 24/7, pay utility bills and access Dubai eGovernment services, create multiple users with different levels of access, transfer salaries through the Wages Protection System (WPS), account services and cards related services.

"The launch of Al Islami Business Online is the latest component of DIB 's strategy to transform the existing model of business banking," said Dr. Adnan Chilwan, Deputy CEO - Chief of Consumer & Wholesale Banking, DIB . "Through continued innovation, DIB is helping enterprises in the UAE to both manage their finances and grow their businesses. Al Islami Business Online further enhances DIB 's position as the bank of choice for the UAE's business community."

Musabbah al Qaizi, Head of Electronic Banking Services, DIB , said: " DIB has worked hard to ensure its suite of Business Banking Solutions keeps pace with today's rapidly changing commercial environment. Al Islami Business Online meets the clear needs of businesses in the UAE for simple, fast and efficient online banking services. Now our SME clients can conduct a huge range of transactions, from the simple to the complex, instantly and at their convenience."

Al Islami Business Online is available to all DIB Business and Corporate banking customers, with free account set-up until March 31, 2012.

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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 73 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 64 branches across 26 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 79 local, regional and international accolades that it has won between 2008 and 2010. 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
Email: / n.nesson@asdaa.com

© Press Release 2012