Dubai: Furthering the banking giant’s commitment to the UAE’s agenda of empowering and nurturing young Emirati talent, Dubai Islamic Bank (DIB) announced today its participation at the upcoming Ru’ya, Careers UAE Redefined – an annual fair which offers exciting job and training opportunities for Emirati youth. The exhibition will be held from 20 to 22 September at the Dubai World Trade Centre, in collaboration with the Higher Colleges of Technology, Dubai SME – an integrated division of the UAE Department of Economic Development (DED), and Dubai Government Human Resources Department (DGHR).

This year’s event is an enhanced version of the traditional Careers UAE Exhibition and has been named after the Arabic word Ru’ya meaning vision; a picture of the future that generates passion, represents our hopes and ambitions. Careers UAE is one of the country’s leading recruitment and training exhibitions that equips UAE nationals with the necessary tools for their future careers. This year, the show is expected to attract a large number of Emirati graduates and professionals, providing a platform that enables youth to network with decision makers, learn via workshops, advance their skill sets through training, and be inspired through motivational speaking sessions.

Commenting on the occasion, Rafia Al Abbar, Head of Human Resources at DIB, said: “At DIB, we are enthusiastic about participating in distinguished career fairs such as the Ru’ya, Careers UAE Redifiened. They allow us to engage and attract the brightest and youngest Emirati talent across the country. We are delighted to meet determined UAE nationals at the exhibition and pleased to be able to offer them job opportunities that not only advance their own skill sets and career prospects, but that also enable us to grow our talented team here at the bank.”

Emiratization has been a key pillar of growth at DIB, and in 2021, the bank’s Emiratization ratio reached around 45% – close to half its total employees. It further achieved 100% Emiratization rates at branch managerial level, the UAE Central Bank’s best Emiratization scores.

Muna al Maazmi, Head of Emiratization at DIB, said: “We firmly believe that Emiratization has not only become a key component of DIB’s success over the past few years, but that it has also had a deeply positive effect on the UAE’s overall economic growth and development. Being the first Islamic bank in the country, Emiratization lies at the heart of our philosophy at DIB, which is why we will continue to strongly support the government’s Emiratization endeavors by bolstering our efforts to grow young local talent, empowering them to thrive and become inspiring leaders within DIB and the banking industry as a whole.”

With various professional initiatives, training and development programs in place, DIB is one of the key players in the banking industry that has been credited with empowering Emirati youth and nurturing a diverse, collaborative and tolerant workplace for UAE nationals. DIB’s strategy has strongly elevated its position as the ‘Employer of Choice’, fostering a diverse and inclusive work environment that offers outstanding prospects for all employees, and places a deep focus on attracting, supporting and training Emirati talent across all key aspects of the business.

Uniquely, DIB has made a significant shift from the traditional quantitative method of recruiting UAE nationals to a more a targeted, qualitative strategic approach that focuses on the future development of individual employees in key roles. By avoiding a ‘one size fits all approach’ to personal development, the bank is valuing human capital over human resources, and this has resulted in numerous UAE Nationals securing leadership positions within the bank.

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About Dubai Islamic Bank:

Established in 1975, Dubai Islamic Bank is the largest Islamic bank in the UAE by assets and a public joint-stock company listed on the Dubai Financial Market. Spearheading the evolution of the global Islamic finance industry, DIB is also the world’s first full-service Islamic bank and the second-largest Islamic bank in the world. With Group assets over USD 75bln and a market capitalization of more than USD 10bln, the group operates with a workforce of more than 10,000 employees and around 500 branches in its vast global network across the Middle East, Asia and Africa. Serving over 5 million customers across the Group, DIB offers an increasing range of innovative Shariah-compliant products and services to retail, corporate and institutional clients.

In addition to being the first and largest Islamic bank in the UAE, DIB has a significant international presence as a torchbearer in promoting Shariah-compliant financial services across several markets worldwide. The bank has established DIB Pakistan Limited, a wholly-owned subsidiary that is the first Islamic bank in Pakistan to offer Priority & Platinum Banking, as well as the most extensive and innovative portfolio of Alternate Distribution Channels. The launch of Panin Dubai Syariah Bank in Indonesia early in 2017 marks DIB’s first foray in the Far East, the bank owns over 25% stake in the Indonesian bank. Additionally, in May 2017, Dubai Islamic Bank PJSC was given the license by the Central Bank of Kenya (CBK) to operate its subsidiary, DIB Kenya Ltd. DIB has been designated as D-SIB (Domestic Systemically Important Bank) in 2018 in UAE. In early 2020, DIB completed the acquisition of Noor Bank, which solidifies its position as a leading bank in the global Islamic finance industry. In 2021, DIB increased its foreign ownership limit to 40% reflecting the increasing confidence of global investors towards the bank.

The Bank’s ultimate goal is to make Islamic finance the norm, rather than an alternative to conventional banking worldwide. DIB has won a range of accolades that are testament to these efforts across diversified areas, including retail, corporate and investment banking, as well as CSR and consultancy services. DIB has been named the Best Islamic Bank in various prestigious ceremonies and recognized for its outstanding performance amongst the world’s Islamic Banks, marking it a clear indication of the bank’s leadership position in the Islamic finance sector.

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Dubai Islamic Bank
Kashif Moosa
Head of Investor Relations & Strategic Communication

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Tameem Alkintar
Account Director