Dubai Islamic Bank named ‘Best Local Investment Bank’ for third consecutive year
Demonstrating its commitment to providing unparalleled investment banking services to its clients, Dubai Islamic Bank (DIB) announced today that it has received the "Best Local Investment Bank" award for the third consecutive year, at emeafinance magazine's annual Middle East Banking Awards 2010.
DIB Capital, DIB's wholly-owned investment banking arm, offers Capital Markets, Asset Management, Private Equity, and Financial Advisory solutions. Their business provides corporate clients, institutions, HNWI, and government clients with access to a complete array of financial advisory, capital raising and investment solutions.
"We are extremely pleased that DIB Capital has once again been recognised for its pioneering work in Sharia-compliant investment banking," said Mohammed Sharief, CEO, DIB Capital. "We look forward to continuing to provide our clients with innovative Sharia-compliant solutions that meet the evolving needs of our growing client base in the Middle East and South Asia regions."
Emeafinance is a leading international publication exclusively dedicated to representing the EMEA, or Europe, Middle East and Africa, financial market's independent voice. Recognising excellence in retail and investment banking across the region, the Middle East Banking Awards 2010 will take place February 16, 2011, at Jumeirah Beach Hotel in Dubai.