Dubai Islamic Bank (DIB) has unveiled its enhanced mobile banking offerings in a move to provide greater banking convenience to customers. The all-new Al Islami mobile banking service enables customers to use the SMS facility for all banking transactions, bill payments, request information or receive alerts.
The new service provides customers with secure access to account information as well as added ease of utility bill payments for Etisalat, RTA and e-Vision. In addition, a 24-hour SMS alert service will enable customers to keep track of credit and debit transactions on their accounts and credit card.
Musabbah Mohammed Al Qaizi, Head of Electronic Banking Services, DIB, said: “Services flexibility is the focus at DIB. As the leader in Islamic banking, we are committed to bringing world class services to our customers. As our customers lead busy lifestyles, they require secured and flexible in their banking services. We are confident that our enhanced banking services will offer great convenience to them.”
He added: “DIB customers can also visit www.alislami.ae/mobilebanking to know more about services offering, benefits, and the registration process of Al Islami Mobile Banking.”
Launched recently, DIB’s enhanced mobile banking services have received encouraging response from customers as they enjoy the convenience of anywhere-anytime banking. DIB customers can register for mobile banking services at any of the Bank’s branches, ATM network, Al Islami Online or Al Islami Phone Banking platforms.
About Dubai Islamic Bank:
Dubai Islamic Bank (DIB), established in 1975, is the first Islamic bank to have incorporated the principles of Islam in all its practices. DIB is a public joint stock company and its share is quoted on the Dubai Financial Market. The bank enjoys a reputation as a leader and innovator in maintaining the quality, flexibility and accessibility of its products and services. In a very short space of time it has created market leading services and products that are setting benchmarks for the rest of the sector.
The bank reported AED 2.5 billion in net profit for the year ending December 31, 2007, rising by 60 per cent compared to AED 1.56 billion for 2006. The bank recorded total revenues of AED 7 billion for 2007, rising by 46 per cent compared to AED 4.8 billion for 2006. Total assets in 2007 reached to AED 84.3 billion, an increase of 31 per cent compared to AED 64.4 billion in 2006.
DIB set a world record by raising a US$3.52 billion sukuk for the Nakheel Group. This sukuk adopted an innovative structure never used before in Islamic or conventional banking history.
The bank has been proactive in creating partnerships and alliances at both the local and international level. DIB has adopted an aggressive expansion strategy, which started with the establishment of DIB Pakistan Limited, a wholly owned subsidiary of DIB. DIB opened its first representative office in Turkey to enhance its access to that market. DIB has also acquired a stake in Al Khartoum Bank and a stake in Emirates and Sudan Bank (ESB). These steps mark DIB’s ambitious plans to roll out its operations into regional and international markets as part of its overall strategic plan.
DIB has won the respect of its peers around the world. The bank was recently named by Islamic Finance News the UAE’s Best Islamic Bank. DIB has also received many awards from international organizations, such as the prestigious “Bank of the Year - UAE” award from The Banker magazine and additional accolades from Euromoney.
