Current Account<\/strong><\/p>\nThe bank’s current account is offered in many currencies, including PKR, UK Pound, UAE Dirham, US dollar, and Euro. There is no restriction on deposit or withdrawal.<\/p>\n
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Saving Account<\/strong><\/p>\nSaving accounts of DIBPL are also offered in US dollar, PKR, UAE Dirham, Euro, and UK Pound.<\/p>\n
Free Account<\/strong><\/p>\nThe bank also offers free accounts without any investment, withdrawal, and transaction limit to its customers.<\/p>\n
Finance<\/strong><\/p>\nServices of finance of DIBPL include trade finance, SME finance, Corporate and Agricultural finance,<\/p>\n
Investment<\/strong><\/p>\nDubai Islamic Bank provides short-term investment with a short duration of three months up to one year and a long-term investment with a minimum time of one year and so on with a guaranteed and digital system of public investments\u2019 security.<\/p>\n
Corporate Finance<\/strong><\/p>\nCorporate finance offers small finance, auto finance, home finance, business finance, cash finance, running finance, bills, and discounts.<\/p>\n
Agricultural Finance<\/strong><\/p>\nIt has recently started many schemes of offering loans and investments to increase the production rate of crops. The Agricultural \u2013 Finance services of DIBPL include offering farmers better infrastructure, providing wells, technical education, and solar energy system.<\/p>\n
<\/span>\u00a0<\/strong>Products<\/strong><\/span><\/h2>\n\n- SMS Banking<\/li>\n
- Internet Banking<\/li>\n
- ATM Card<\/li>\n
- Visa Debit Card<\/li>\n
- Master Card<\/li>\n<\/ul>\n
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<\/span>Recognition<\/strong><\/span><\/h2>\nThe bank is recognized by World Bank and Basel Committee as well as IMF.<\/p>\n
<\/span>Shareholders<\/strong><\/span><\/h2>\nThe bank comprises many shareholders along with their own and different percentages. Following are the shareholders of the bank along with their percentage.<\/p>\n
\n- Dubai Investment Corporation \u2013\u00a0\u00a0\u00a0\u00a0 28 %<\/li>\n
- Saleh Saeed Ahmad Lootah \u2013\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 7 %<\/li>\n
- Robeco Institutional Asset Management \u2013 0.3 %<\/li>\n
- The Vanguard Group Inc \u2013 \u00a0\u00a0\u00a0\u00a0\u00a0 4 %<\/li>\n
- William Blair and Co \u2013\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 3 %<\/li>\n
- Norges Bank Investment Management \u2013 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2 %<\/li>\n
- FIL Investment International \u2013 17%<\/li>\n
- Causeway Capital Management \u2013 18 %<\/li>\n
- Putnam Investment Management \u2013 12 %<\/li>\n<\/ul>\n
<\/span>Board of Directors<\/strong><\/span><\/h2>\n\n- Mohammad Ibrahim Abdul Rahman Al _ Shaibani – Chairman<\/li>\n
- Adnan Abdul Shakoor Chilwan \u2013 Chief Executive Officer<\/li>\n
- Yahya Saeed Ahmad Lootah \u2013 Vice – Chairman<\/li>\n
- Obaid K. Mohammad Rasheed -Al-Shamsi \u2013 Chief Operating Officer<\/li>\n
- Sami Al \u2013 Awadi \u2013 Compliance Head<\/li>\n
- John Macedo \u2013 Chief Financial Officer<\/li>\n
- Abdullah Ali Obaid \u2013 Managing Director<\/li>\n
- Hamad Abdullah Rashed Obaid Al Shamsi – Director<\/li>\n
- Ahmad Mohammad Saeed bin Humaidan – Director<\/li>\n<\/ul>\n
<\/span>Dubai Islamic Bank\u00a0International Branches<\/strong><\/span><\/h2>\nBesides the branches of UAE and Pakistan, there are many other international branches of Dubai Islamic in Turkey,<\/p>\n
<\/span>Annual Revenue<\/strong><\/span><\/h2>\nThe estimated revenue of the bank along its branches was calculated as 103 million dollars, with a rise of 1.2 % per year in 2017.<\/p>\n
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<\/span>DIB Subsidiaries<\/strong><\/span><\/h2>\nFollowing are the subsidiaries of Dubai Islamic Bank.<\/p>\n
<\/span>1- <\/strong>Khartoum\u2019s bank<\/strong><\/span><\/h3>\nThe bank is a shareholder of the biggest bank of Sudan, which is named as Bank of Khartoum.<\/p>\n
<\/span>2- <\/strong>European Bank<\/strong><\/span><\/h3>\nBosna International Bank in Europe was developed as the 1st<\/sup> Shariah Compliant Bank.<\/p>\n<\/span>3- <\/strong>Kenya<\/strong><\/span><\/h3>\nDIB Kenya acquired a license in 2017 to provide services of full Shariah compliance in Kenya.<\/p>\n
<\/span>4- Indonesia<\/strong><\/span><\/h3>\nThe bank has shares of 38 % with Panin Dubai Syariah Bank, which is considered one of the most popular banks of Indonesia, providing Shariah Compliance services to the people of the region.<\/p>\n
<\/span>Dubai Islamic Bank Worth<\/span><\/h2>\nIn 2020, the total worth of the bank Dubai Islamic was stated to be 500 million dollars, while the net profit of the bank was estimated to be AED 2 billion.<\/p>\n
<\/span>Frequently Asked Questions<\/span><\/h2>\nQ: When Dubai Islamic Bank Pakistan was originated?<\/strong><\/p>\nA: Dubai Islamic Bank Pakistan came into being in 2006.<\/p>\n
Q: How can I open a bank account in Dubai from Pakistan?<\/strong><\/p>\nA: You need a few documents for this process. You should have NIC issued for overseas Pakistanis, Work Visa and in case you are a salaried person, full evidence of your services apart from certificates.<\/p>\n
Q: Who owns Dubai Islamic Bank Pakistan?<\/strong><\/p>\nA: Dubai Islamic bank Pakistan is owned by Dubai Islamic bank UAE.<\/p>\n
Q: How can I transfer money from DIB?<\/strong><\/p>\nA: Go to the official app of the bank from mobiles. Go to the Transfer<\/strong> icon and click on International fund transfer<\/strong>. Enter the money you want to transfer and here you go.<\/p>\nQ: How to apply for Dubai Islamic bank personal loan?<\/strong><\/p>\nA: You should be earning minimum 25000 INR in order to get personal loan. However, every region has its own requirement that you may ask by visiting the bank.<\/p>\n