• Dr. Adnan Chilwan, Group CEO of DIB named Islamic Banker of the Year
  • DIB caps award wins with Best Islamic Bank, Best Islamic Retail Bank, Best Islamic Corporate Bank and Best Sukuk Arranger in the region.

Dubai, UAE: Dubai Islamic Bank (DIB), the largest Islamic Bank in the UAE, picked up four major awards at the Islamic Business and Finance Awards 2017, a prestigious industry event that endorses and recognizes those institutions and individuals that have championed the growth and expansion of the Islamic financial sector around the globe.

DIB emerged the winner in multiple categories including Best Islamic Bank, Best Islamic Retail Bank, Best Islamic Corporate Bank and Best Sukuk Arranger in the region for the second consecutive year. The Bank’s Group CEO, Dr. Adnan Chilwan, was also honored and presented with the title of ‘Islamic Banker of the Year’ for his notable contributions towards not just driving the growth of the Bank, but that of the Islamic Finance industry as a whole.

Commenting on the occasion, Dr. Chilwan said: “We feel sincerely privileged and grateful to have  received these awards which we view as a reflection of the industry’s recognition of our efforts over the last few years. At DIB, we are all proud of the transformation the Bank has witnessed in such a short timeframe catapulting it into the market leading position that the institution enjoys today. The robust and solid foundation built earlier will continue to provide the impetus going forward as we look to further our growth trajectory in the coming years.”

“On a personal note, I would also like to express my gratitude to the Islamic Business and Finance Awards for recognizing me as ‘Islamic Banker of the Year’. I am passionate about this industry and truly privileged to lead an institution that allows me to pursue excellence in the industry that is so close to my heart. With my team at DIB, we hope to continue the progression that is fast making a relatively nascent industry into a global norm as the Bank continues to set new standards in the field of Islamic Finance.”

The 12th edition of the Islamic Business and Finance Awards was held last night at Emirates Towers Hotel in the heart of the Dubai Financial Center, and brought together the region’s most prominent Islamic bankers, industry leaders, experts and investors – over 300 attendees were present at the awards night from around the world.

DIB’s principal activities are focused on retail and business banking, corporate banking, real estate and contracting finance, investment banking and treasury. Currently present in seven markets worldwide, DIB is well-placed to continue its global expansion and maintain its leadership in transforming the Islamic finance industry.

-Ends-

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 fourth largest Islamic bank in the world. The Bank currently operates 90 branches across the UAE, is present in seven markets worldwide and is expanding its global footprint to further grow and develop the industry. Serving close to 1.7 million customers, DIB offers its growing consumer base an increasing range of innovative Sharia compliant products and services.

In addition to being the first and largest Islamic bank in the UAE, DIB has a significant international presence as a torchbearer in promoting Shari’ah-compliant financial services across a number of markets worldwide. The bank has established DIB Pakistan Limited, a wholly owned subsidiary which 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 a nearly 40% 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.  

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. A clear indication of the bank’s leadership position in the Islamic finance sector, DIB named the Best Islamic Bank in the various prestigious ceremonies. In 2017, DIB won the coveted Global Islamic Business Award in its first edition in the region and was presented to the bank during the 23rd edition of the Business Excellence Awards Ceremony. 

For more information, please visit us at www.dib.ae.

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For more PR information, please contact:
Dubai Islamic Bank                                                                                        
Jawaher Al Shamsi                                                                                           
Head of Corporate Communication                                                             
Direct: +971 4 207 5314                                                                                  
Email: jawaher.alshamsi@dib.ae                                                                

Weber Shandwick
Dhanya Issac
Associate Director
Direct: +971 4 445 4222
Email: dissac@webershandwick.com

© Press Release 2017