Tag Archives: DUBAI ISLAMIC BANK

Business & Investments

Dubai Islamic Bank Names First Million-Dirham Winner of 2025 Visa Card Draw Campaign

  • Female Emirati cardholder wins AED 1,000,000 grand prize in latest DIB Visa Cards drive, reinforcing the bank’s commitment to rewarding customer loyalty

Dubai, UAE – 8  May 2025: Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, has announced the winner of its AED 1,000,000 Visa Cards Draw Campaign – a female Emirati customer, Ms. Mariam Al Dhuhoori, who struck it rich after spending with her DIB Visa Card. The two-month campaign, starting February 2025, offered DIB cardholders a chance to win by simply spending a minimum of AED 1,000 during the campaign period.

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Business & Investments

Dubai Islamic Bank Partners with Qatar Airways Privilege Club to Launch Wala’a Rewards Redemption for Avios

Unlocking unparalleled travel and lifestyle reward options for DIB customers with Qatar Airways Privilege Club

Dubai – February 17, 2025: Dubai Islamic Bank (DIB), the UAE’s largest Islamic bank, has entered into a new partnership with Qatar Airways Privilege Club, enabling customers to convert their Wala’a Rewards into Avios. This collaboration expands the range of redemption options available to DIB customers, offering seamless access to travel and lifestyle benefits.

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Business & Investments

DIB increases its stake to 25% in Digital Bank in Türkiye

Dubai, UAE – 20 January 2025: Dubai Islamic Bank (DIB), the UAE’s largest Islamic bank, announced that it has increased its shareholding in T.O.M. Group from 20% to 25%. This strategic move follows the initial acquisition in September 2023, further cementing DIB’s presence in Türkiye’s dynamic financial landscape.

The T.O.M. Group includes T.O.M. Katılım Bankası A.Ş. (Türkiye’s first licensed digital retail bank), T.O.M. Pay Elektronik Para ve Ödeme Hizmetleri A.Ş. (a licensed e-money company with a rapidly growing customer base), and T.O.M. Finansman A.Ş. (a licensed financing company specialising in innovative digital products), alongside their subsidiaries.

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Technologies

 Moro Hub Powers Sustainable Digital Transformation for Dubai Islamic Bank with a Green Data Centre

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Dubai, UAE, 27 December 2023:Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (PJSC), signed an agreement with Dubai Islamic Bank (DIB), a pioneer in Islamic banking, enabling the bank to leverage Moro Hub’s state-of-the-art green data centre facilities located in the Mohammad Bin Rashid Solar Park.

The agreement was signed during COP28 UAE at Expo City Dubai. The signing ceremony was addressed by Mohammad Bin Sulaiman, Chief Executive Officer of Moro Hub and Obaid Al Shamsi, Chief Operating Officer of Dubai Islamic Bank in the presence of several other VIPs and notable dignitaries from both parties.

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