December 15, 2015

Dubai Islamic Bank Pakistan wins award of best Islamic retail bank in Asia

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Tuesday 15 Dec 2015 - 14:21 Makkah mean time-4-3-1437

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Dubai , (IINA) - Dubai Islamic Bank Pakistan Limited (DIBPL), one of the fastest growing Islamic Banks in Pakistan, has been awarded “Best Islamic Retail Bank in Asia” by the CPI Financial in Dubai, UAE, Pakistan Observer news reported.
DIBPL was given the best Islamic retail bank in Asia award for the bank’s achievements in product innovation, comprehensive suite of Halal financial solution and sustainable business growth.
From his side, DIBPL Chairman Mohammed Saeed Ahmed Abdulla Al Sharif and CEO of DIBPL Junaid Ahmed, received the award in Dubai, UAE at the CPI Financial award ceremony for Islamic Business & Finance. The presidents and CEOs of other Islamic Banks also attended the ceremony as well.
Ahmed said that Dubai Islamic Bank being the pioneer and leading Islamic Banking institution globally is committed to the long term prosperity of Pakistan and Islamic Finance as a whole.
Junaid also said that DIBPL is a wholly owned subsidiary of Dubai Islamic Bank UAE, the world’s first Islamic bank. Alhamdulillah, DIBPL is a Minimum Capital Requirement (MCR) compliant Bank that enjoys a short-term credit rating of ‘A-1’ and long-term credit rating of ‘A+’, with a “positive” outlook from JCR-VIS.
SM/IINA

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