DUBAI ISLAMIC BANK PAKISTAN – Corporate Profile
Dubai Islamic Bank Pakistan Limited (DIBPL) is a wholly-owned subsidiary of Dubai Islamic Bank UAE (DIB). The parent company DIB is a listed company in Dubai. The Bank has maintained its position as an innovative solution provider to all the financial needs of its customers, in accordance to Shari’a.
Since its inception in 1975 Dubai Islamic Banking Group has established itself as the undisputed leader in its field, setting standards for others to follow as the trend towards Islamic banking gains momentum in the Arab world and internationally. The group offers a wide range of pioneering products and operates in all sectors of the financial market, including corporate and retail lending, deposits, payment and account services, foreign exchange operations, cash handling services, investment banking and other ancillary services to corporate and retail customers. Globally the Bank is established in the UAE since 1975 and has presence in Jordan, Turkey and Pakistan. In addition, it has strategic stakeholding in Sudan and Bosnia Herzegovina as well.
As a Minimum Capital Requirement (MCR) compliant Bank, the DIBPL enjoys a short-term credit rating of ‘A-1’ and long-term credit rating of ‘AA-’ with a “Stable” outlook by JCR-VIS, indicating the bank’s robust position in the industry. The Bank continues to reaffirm its commitment to Pakistan with new branches and absolutely Halal & Shari’a compliant new products and services.
Enhancing its reputation built on the guiding principles of ethical and responsible modes of banking and finance, Dubai Islamic Bank Pakistan remains exceptionally well-placed to meet the banking challenges as it strives for excellence in the provision of Islamic Banking for today’s world. With path-breaking vision and bold strategies, Dubai Islamic Bank Pakistan endeavors to enhance its status as an industry leader committed to the goal of providing World Class Banking, the Islamic way.