Dubai Islamic Bank opens new branches

Dubai Islamic Bank has opened four new branches in Abu Dhabi, Sharjah, Ajman and Ras Al Khaimah. This increases its total UAE-wide branch network to 48.

"We are delighted to announce the opening of DIB's new branches in four emirates. The opening of these new branches comes in line with our strategy to enhance distribution channels across the country to meet the ever-increasing customer demand for quality Islamic banking products and services,” comments Nasser Al Awadi, senior vice-president, head of branches at the bank.

The new branches will offer a range of services, including trade finance and murabaha products.