In line with its commitment to best practice investor relations and as part of its sustained investor outreach programme, Dubai Islamic Bank (DIB) announced today the launch of its dedicated online investor relations platform, which provides a wealth of in-depth and up-to-date information for both retail and institutional investors.
The new IR microsite is designed to be a one-stop shop for all investor needs, providing financial reports, credit ratings, dividend information, share price charts, an investment calculator, financial announcements and related information. It will serve as the first point of contact for investors and will keep the capital markets audience informed about company performance, financial results, leading indicators and IR contact details.
"We are pleased to launch our new online investor relations platform," said Mohammad Al Sharif, Chief Financial Officer, DIB. "This initiative is a demonstration of our commitment to providing existing and potential shareholders with timely and accurate information about the bank’s performance. This tool will enable investors to keep up to date with the latest developments at the bank – across a full spectrum of activities – in order to make informed investment decisions."
As the regional economic and business environment becomes increasingly sophisticated, investor engagement and communications continue to rise higher on the agenda of leading listed firms such as Dubai Islamic Bank, pointed out Kashif Moosa, Head of Corporate Development, DIB.
“We firmly believe that the new investor relations platform will enhance ease of access to the bank’s current and historical financial information for investors based here in the Middle East and across the world," said Moosa. "The site will increase transparency, facilitate more effective communication with the investment community and promote IR best practice in the region.”
"Our extensive research into the needs of investors confirms that IR websites are the preferred first point of contact for them,” said Basil Moftah, Managing Director of Thomson Reuters for the Middle East and Africa, which developed DIB’s new IR platform.
“We are pleased to provide Dubai Islamic Bank with the Thomson Reuters IR website solutions for their enhanced investor relations function and are confident that DIB’s investors will greatly benefit from our tools and technologies," Mr Moftah added.
