(MENAFN- Emirates News Agency (WAM)) Dubai Islamic Bank, DIB, today announced that it has won four accolades at the Banker Middle East Industry Awards 2015. DIB was recognised as the "Best Islamic Bank"; "Best Sukuk Arranger"; "Best Islamic Retail Bank" and "Best Premium Bank - UAE". Key officials from the bank received the awards at a gala dinner held during May at the Emirates Towers Hotel in Dubai.
The Banker Middle East Industry Awards recognise the best performing financial institutions in the region across a range of categories. Organised by publisher CPI Financial on an annual basis, the winners are chosen by financial services professionals, the readers of Banker Middle East and the website's registered user base. With thousands of votes cast each year, the BME awards are amongst the most coveted and sought after in the industry.
"For four decades, DIB has been at the heart of the Islamic banking sector's impressive growth and today, we are proud to be recognised for our unparalleled leadership in this space," said Dr. Adnan Chilwan, CEO, DIB. "These awards not only reflect the market's belief in our heritage and expertise in this fast growing segment but also acknowledge the bank's focus on relentless innovation and commitment to its roots as a Sharia-compliant organisation.
"Winning the accolade of the "Best Islamic Bank" has a special meaning this year as we mark our 40th anniversary whilst also delivering the best ever results in the bank's history. Given our vast and growing retail customer base and the massive advancement and modernization witnessed not just in the bank's product offerings but also in its service quality vis a vis the SMART BANK platform, the "Best Islamic Retail Bank" award further reinforces our confidence in our consumer business growth and development strategy."
"Islamic Capital markets are amongst the fastest growing in the global financial sector", added Dr. Chilwan. "DIB is globally recognised as an expert in structuring, arranging and distributing Sukuks not just in the UAE and the Middle East, but internationally, as evidenced by the bank's recent successes in Indonesia and Pakistan. Further, our own capital market issuances in 2015 demonstrates the bank's appeal to a diverse set of international investors, with both issues being oversubscribed despite challenging global markets".
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