Dubai Islamic Bank Shines Again With Twelve Distinctive Accolades at Islamic Finance News Awards

Press release
Published March 14th, 2018 - 11:04 GMT
Adnan Chilwan, Group CEO, DIB, during IFN Awards ceremony
Adnan Chilwan, Group CEO, DIB, during IFN Awards ceremony

Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, received twelve awards at the prestigious Islamic Finance News (IFN) Awards 2017. The Bank was recognized as the “Best Overall Islamic Bank”, “Best Islamic Bank in the UAE”, “Most Innovative Islamic Bank”, and “Best Islamic Bank for Treasury Management” at the IFN Best Banks Poll 2017, building on its success at the event in previous years. An additional seven landmark transactions were also given to the Bank for its excellent performance, including the coveted “Deal of the Year”.

Held at the Ritz Carlton in DIFC, Dubai, on March 11, the IFN Awards are widely respected and recognized by the global Islamic financial community. The awards, which for the first time were hosted as a part of IFN’s World Leaders Summit, celebrate leading Islamic finance service providers from different markets and sectors, while also recognizing financial institutions and intermediaries that have participated in the industry’s most groundbreaking transactions over the year.

Dr. Adnan Chilwan, Group CEO of DIB, commented: “When a simple yet focused vision such as ours is widely spread and well-ingrained across an organization, incredible things happen.  Just four years ago, few would have anticipated the performance that the bank has given. But, what may seem like a miracle to those outside, is no surprise to us at all. Quality planning and masterful execution has led to what DIB is today – a global powerhouse in the field of Islamic Finance.

Our vision dictates progressiveness, and this I am happy to say is now akin to second nature within DIB”, he added. “We consider ourselves extremely fortunate to be a key player in Dubai’s drive to lead the development and establishment of a thriving Islamic economy and view this as a massive opportunity for the franchise to enhance and expand locally and internationally. The plethora of awards received at IFN today clearly shows that we are on the right track and I am sincerely thankful to everyone, including the organizers for the honors bestowed.”

Reflective of DIB’s status as the leader in global Islamic finance, the bank was also recognized for seven other groundbreaking local and international transactions it arranged and carried out throughout 2017. Through its successful issuance of the FINCO AED5.046 billion Ijarah Syndication, the Bank won both the “Syndicated Deal of the Year” and the “UAE Deal of the Year” categories. Further reinforcing DIB’s achievements in leading capital market transactions across a variety of sectors, geographies and sovereigns the bank was awarded the “Regulatory Capital Deal of the Year” and the “Bahrain Deal of the Year”, for the Albaraka Banking Group US$400 million Tier 1 Sukuk, whilst the Emirates REIT US$400 million Sukuk transaction earned DIB the “Real Estate Deal of the Year”. Additionally, the PNC Investments AED1.65 billion Bilateral Financing Facility was recognised as the “Mudarabah Deal of the Year”, and the Government of Oman US$2 billion 144A Sovereign Sukuk, the “Oman Deal of the Year”.

Background Information

Dubai Islamic Bank

Since its formation in 1975 as the world’s first full-service Islamic bank, Dubai Islamic Bank has established itself as the undisputed leader in its field, setting the standards for others to follow as the trend towards Islamic banking gathers momentum in the Arab world and internationally.

توقيف 41 شخصا في مظاهرات الجزائر

Published February 23rd, 2019 - 09:07 GMT
توقيف 41 شخصا في مظاهرات الجزائر
توقيف 41 شخصا في مظاهرات الجزائر

أعلنت المديرية العامة للأمن الوطني (الشرطة) الجزائرية، مساء الجمعة، توقيف 41 شخصا في مظاهرات شهدتها عدة مدن ضد ترشح الرئيس عبد العزيز بوتفليقة لولاية خامسة في انتخابات 18 أبريل/ نيسان القادم.

وأكدت إدارة الشرطة في بيان اطلعت عليه وكالة الاناضول أن عمليات التوقيف كانت بسبب “الإخلال بالنظام العام والاعتداء على القوة العامة وتحطيم الممتلكات” دون تقديم تفاصيل أكثر حول أماكن توقيف هؤلاء المتظاهرين.

والجمعة، استجاب آلاف المواطنين بعدة محافظات جزائرية، إلى دعوات للتظاهر تم تداولها عبر شبكات التواصل، ضد ترشح بوتفليقة (81 عاما) لولاية خامسة في انتخابات الرئاسة المقررة في 18 أبريل/ نيسان القادم.

واتسمت هذه المظاهرات بالسلمية في أغلب مناطق البلاد باستثناء حدوث مواجهات بين قوات مكافحة الشغب ومتظاهرين بوسط العاصمة خلال محاولتهم السير نحو القصر الرئاسي .

ووفق شهود عيان لجأت قوات الأمن إلى الغاز المسيل للدموع وتوقيف عدة أشخاص بعد تحذيرات للمتظاهرين وتعرضها للرشق بمقذوفات وحجارة قبل أن يتراجع المحتجون ويغادروا المكان.

وصبيحة اليوم نشر ناشطون معلومات عبر شبكات التواصل الاجتماعي حول توقيف عدد من زملائهم قبل بداية المظاهرات بالعاصمة.

وعلقت الرابطة الجزائرية للدفاع عن حقوق الإنسان (مستقلة) على بيان الشرطة بالمطالبة ب”الإفراج الفوري عن الموقوفين وان يتم احترام حق التظاهر سلميا” كما نشرت على صفحتها بموقع “فيسبوك”.


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