Middle East 5

DIB named UAE's best Islamic bank

Dubai Islamic Bank (DIB) has been named Best Islamic bank in the UAE at the Islamic Finance News Awards 2007.
The awards recognise leadership and overall excellence across the Islamic banking sector and are judged by prestigious members of the global Islamic finance industry.

Dubai Islamic Bank has been honoured for its numerous accomplishments during 2007.

One of the most prominent deals recognised by the awards was the Best Sukuk and UAE Deal for the Jebel Ali Free Zone Sukuk.

The deal was the largest rated straight Sukuk issue as well as the first local currency denominated corporate Sukuk placed in international markets.

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