# Dubai Islamic Bank (DIB)

> Source: https://docs.barcoder.ai/docs/wallets/dubai-islamic-bank
> research date 2026-05-30 · extracted at 2026-10-03
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Dubai Islamic Bank — official](https://www.dib.ae/)

## Overview

**DIB (Dubai Islamic Bank)** is **world's first full-service Islamic bank since 1975 founding** <sup>[1][1], [2][2], [United Arab Emirates report](https://docs.barcoder.ai/docs/payments/AE)</sup>. **9M 2025 baseline**: DIB AED 393B total assets + record revenues AED 9.7B (9M 2025); **DIB alt distinctive UAE Islamic banking app + DIB Digital Account distinctive UAE Islamic banking digital account opening**; **DIB 6-country footprint** (UAE + Pakistan + Turkey + Kenya + Indonesia + Bahrain).

**Distinctive DIB positioning**:
- **World's first full-service Islamic bank** (since 1975 founding) → distinctive UAE Islamic banking heritage
- **AED 393B total assets** + record revenues AED 9.7B (9M 2025)
- **DIB alt distinctive UAE Islamic banking app** + **DIB Digital Account distinctive UAE Islamic banking digital account opening**
- **DIB 6-country footprint** (UAE + Pakistan + Turkey + Kenya + Indonesia + Bahrain)
- **Sep 12 1975 DIB founding** as world's first full-service Islamic commercial bank → distinctive UAE Islamic banking heritage
- **2020 DIB acquires Noor Bank UAE** for AED 4.3B → distinctive UAE Islamic banking consolidation

## History

**Sep 12 1975 — Dubai Islamic Bank founded** in Dubai, UAE → distinctive UAE Islamic banking heritage (world's first full-service Islamic commercial bank).

**Dec 15 2015 — DIB alt mobile banking app launches** on Apple iOS + Android platforms.

**Jan 2020 — DIB acquires Noor Bank UAE for AED 4.3B** → distinctive UAE Islamic banking consolidation.

**9M 2025 — DIB record revenues AED 9.7B + total assets AED 393B** <sup>[1][1], [2][2]</sup>.

## Ownership & operator

**Operating entity**: **Dubai Islamic Bank PJSC** (DFM: DIB).

**Major shareholders**: **Investment Corporation of Dubai (ICD; Dubai sovereign wealth fund) ~28% controlling + UAE institutional + UAE retail public float**.

**Regulator**: **CBUAE (Central Bank of UAE)**.

## Technical integration

**DIB alt mobile banking app** (iOS + Android; distinctive UAE Islamic banking app) + **DIB Digital Account** (distinctive UAE Islamic banking digital account opening) + dib.ae online + DIB cards (Visa + Mastercard + DIB Islamic banking cards) + DIB UAE + 5-country international branch network; UAE IPI (Instant Payment Instruction) + Aani UAE instant payment service.

## Users & growth

**9M 2025**: DIB AED 393B total assets + record revenues AED 9.7B.

## Use cases

UAE + Pakistani + Turkish + Kenyan + Indonesian + Bahraini Islamic retail + private + corporate + SME + investment banking via DIB alt + DIB Digital Account + dib.ae online + cards + branches; UAE IPI + Aani UAE instant payment service.

## Implementations & partners

**Operator**: Dubai Islamic Bank PJSC (DFM: DIB); **Investment Corporation of Dubai (ICD; Dubai sovereign wealth fund) ~28% controlling**.

**Subsidiaries**: **DIB Pakistan** + **DIB Turkey** (post-Aug 2015 Bank Asya Turkey acquisition) + **DIB Kenya** + **DIB Indonesia (Bank Panin Dubai Syariah)** + **DIB Bahrain Representative Office** + **Noor Bank (post-Jan 2020 AED 4.3B acquisition; integrated)** + **Dar Al Sharia (DIB Shariah advisory)**.

**Major UAE banking competitors**: [First Abu Dhabi Bank (FAB)](https://docs.barcoder.ai/docs/wallets/first-abu-dhabi-bank) (First Abu Dhabi Bank; UAE largest bank by assets) + [Emirates NBD (ENBD X)](https://docs.barcoder.ai/docs/wallets/emirates-nbd) (Emirates NBD; UAE Big-4) + [ADCB (Abu Dhabi Commercial Bank)](https://docs.barcoder.ai/docs/wallets/adcb) (Abu Dhabi Commercial Bank) + [Mashreq NEO + NEOPAY (UAE)](https://docs.barcoder.ai/docs/wallets/mashreq-neo) (Mashreq Bank; UAE Big-4) + [Abu Dhabi Islamic Bank (ADIB)](https://docs.barcoder.ai/docs/wallets/abu-dhabi-islamic-bank) (Abu Dhabi Islamic Bank; UAE Islamic Big-2 with DIB) + Emirates Islamic Bank (Emirates NBD Islamic banking subsidiary) + RAK Bank (Ras Al Khaimah).

**Regulator**: CBUAE.

## Fun facts

- **World's first full-service Islamic bank** (since 1975 founding) → distinctive UAE Islamic banking heritage.
- **AED 393B total assets** + record revenues AED 9.7B (9M 2025).
- **DIB alt distinctive UAE Islamic banking app** + **DIB Digital Account distinctive UAE Islamic banking digital account opening**.
- **DIB 6-country footprint** (UAE + Pakistan + Turkey + Kenya + Indonesia + Bahrain).
- **Sep 12 1975 DIB founding** as world's first full-service Islamic commercial bank.
- **2020 DIB acquires Noor Bank UAE for AED 4.3B** → distinctive UAE Islamic banking consolidation.
- **Investment Corporation of Dubai (ICD; Dubai sovereign wealth fund) ~28% controlling**.

## Comparison

| Feature | DIB (Dubai Islamic Bank) / alt | [First Abu Dhabi Bank (FAB)](https://docs.barcoder.ai/docs/wallets/first-abu-dhabi-bank) (First Abu Dhabi Bank rival; UAE largest bank by assets) | [Emirates NBD (ENBD X)](https://docs.barcoder.ai/docs/wallets/emirates-nbd) (Emirates NBD rival; UAE Big-4) | [ADCB (Abu Dhabi Commercial Bank)](https://docs.barcoder.ai/docs/wallets/adcb) (Abu Dhabi Commercial Bank rival) | [Abu Dhabi Islamic Bank (ADIB)](https://docs.barcoder.ai/docs/wallets/abu-dhabi-islamic-bank) (Abu Dhabi Islamic Bank rival; UAE Islamic Big-2 with DIB) |
|---|---|---|---|---|---|
| Operator | **Dubai Islamic Bank PJSC (DFM: DIB)** | First Abu Dhabi Bank PJSC (ADX: FAB) | Emirates NBD Bank PJSC (DFM: EMIRATESNBD) | Abu Dhabi Commercial Bank PJSC (ADX: ADCB) | Abu Dhabi Islamic Bank PJSC (ADX: ADIB) |
| Type | **World's first full-service Islamic bank since 1975 + AED 393B total assets 9M 2025 + record revenues AED 9.7B + DIB alt UAE Islamic banking app + DIB Digital Account + 6-country footprint (UAE+PK+TR+KE+ID+BH) + ICD ~28% controlling + 2020 Noor Bank AED 4.3B acquisition** | UAE largest bank by assets + FAB Mobile + Mubadala Investment Company controlling | UAE Big-4 + ENBD X + Emirates Islamic Bank subsidiary + DenizBank Turkish subsidiary post-Jul 2019 Sberbank acquisition | UAE 3rd largest by assets + ADCB Hayyak | UAE Islamic Big-2 with DIB + ADIB Direct |
| Country | AE + 5+ countries | AE + EG + UK + SA + 14+ countries | AE + TR + 5+ countries | AE | AE + EG + UK + SA |
| Distinctive | **Sep 12 1975 DIB founding (world's first full-service Islamic commercial bank); Dec 15 2015 DIB alt mobile app launch; 2015 Bank Asya Turkey acquisition; Jan 2020 Noor Bank AED 4.3B acquisition; 9M 2025 AED 393B total assets + AED 9.7B record revenues; ICD ~28% controlling** | 1968 National Bank of Abu Dhabi founding + 2017 NBAD + FGB merger → FAB | 1963 Emirates NBD founding heritage; 2007 Emirates Bank + NBD merger → Emirates NBD; Jul 31 2019 DenizBank $2.78B from Sberbank | 1985 Abu Dhabi Commercial Bank founding | May 20 1997 Abu Dhabi Islamic Bank founding |

## Status

**Active, world's first full-service Islamic bank** <sup>[1][1], [2][2], [3][3]</sup>:
- **Dubai Islamic Bank PJSC (DFM: DIB)** since Sep 12 1975 DIB founding in Dubai, UAE.
- **9M 2025: AED 393B total assets + record revenues AED 9.7B**.
- **DIB alt mobile banking app + DIB Digital Account + 6-country footprint + 2020 Noor Bank AED 4.3B acquisition**.
- **CBUAE regulated**.

## Sources

[1]: https://www.dib.ae/ "Best Islamic Bank in the UAE — DIB"
[2]: https://www.dib.ae/alt/banking-on-the-go/mobile-banking "alt mobile banking app — DIB"
[3]: https://www.dib.ae/about-us/news/2015/12/07/dubai-islamic-bank-launches-new-mobile-app-for-apple-ios-android-platforms "Dubai Islamic Bank launches new mobile app — DIB"
[ae-cro]: https://docs.barcoder.ai/docs/payments/AE

- [1] [Best Islamic Bank in the UAE — DIB][1]
- [2] [alt mobile banking app — DIB][2]
- [3] [Dubai Islamic Bank launches new mobile app — DIB][3]
- <sup>[United Arab Emirates report](https://docs.barcoder.ai/docs/payments/AE)</sup> In-corpus: `reports/countries/AE-united-arab-emirates.md`

## Source

Biography extracted from [dubai-islamic-bank.md](https://docs.barcoder.ai/source/wallets/dubai-islamic-bank). See `matrix.md` for standards-support matrix if present.