Dubai Islamic Bank (DIB) has launched Johara banking services for women. This new banking package, designed to cater to the financial requirements of women customers, is available at all most branches of DIB, across the United Arab Emirates (UAE).
”The new service is in keeping with the social fabric of contemporary Islamic culture and aimed at providing women in the UAE with a viable alternative to address all their banking needs,” DIB General Manager Butti Khalifa Bin Darwish.
“With a view towards increasing the number of women actively participating in the business and trade sectors in the UAE, DIB has invested substantially in setting up exclusive ladies-only sections which extend the complete range of the bank's integrated financial services, while offering a number of special facilities. This service is aimed at helping businesswomen in the UAE conduct their financial transactions in complete privacy and comfort,” added Bin Darwish.
DIB is planning on opening more ladies-only branches in the future. “Johara signifies a brand new approach to banking that combines the benefits of conventional Islamic banking and financial consultancy, with the value-added privileges of an exclusive social club,” said Saad Abdul Razak, executive director of Consumer Banking Services at DIB.
Banking and financial products and services offered by the Johara service include specialized consultation and advise on financial planning, a choice of banking accounts—term deposit accounts, savings accounts and current accounts—a range of finance and foreign exchange services, locker facilities and access to a specialized 24x7 telebanking service. In addition, the bank will soon be launching Internet banking services for the added convenience of its members.
Established on 1975, DIB is considered the first Islamic bank in the world that has implemented the principles of Islam in all its practices. The economic and business philosophy of Islam encourages generation and sharing of profits. However, it forbids giving or taking of interest. It was founded with active assistance of the UAE Government and the Central Bank. — (menareport.com)
© 2002 Mena Report (www.menareport.com)
