Halal Economy

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Friday, August 23, 2019

Dubai Islamic Bank Wins Four Accolades at Islamic Business and Finance Awards 2017

DUBAI: 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.