Dubai Islamic Bank wins Best Islamic Bank and Best Islamic Wealth Management Firm awards

Dubai Islamic Bank wins Best Islamic Bank and Best Islamic Wealth Management Firm awards

Dubai Islamic Bank (DIB) has received the Best Islamic Bank Award and the Best Islamic Finance Wealth Management Firm award at the Islamic Business and Finance Awards 2007 organised by CPI Financial Publications.

Khalid Al Kamda, Managing Director, Dubai Islamic Bank Group, accepted the Best Islamic Bank Award and during a gala ceremony that was held on Wednesday, December 12, 2007, in Dubai. Adel Rahman, Senior Vice President, Head of Wealth Management, DIB, received the Best Islamic Finance Wealth Management Firm Award. The ceremony was attended by CEOs and top officials representing several banks and financial institutions.

Al Kamda said: ‘We are proud to receive the Best Islamic Bank Award. This award is recognition of DIB’s strategic vision, our execution expertise, management depth and our belief in Islamic banking principles.’

He added: ‘The Best Islamic Finance Wealth Management Firm Award is also a manifestation of the hard work and innovation that DIB is known for. The bank has successfully developed and structured innovative products that meet the requirements of customers in the area of wealth management.’

‘Winning both awards is a triumph for the bank’s staff and management, and confirms the strength not only of the bank’s offering to customers but also of its direction and strategy. Finally, the award personifies DIB’s ambitions and international recognition, especially when one considers the many other accolades the bank has received,’ he concluded.