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Wednesday, November 11 - 2009

Dubai Islamic Bank unveils new brand identity for ladies banking services 'Johara'

  • United Arab Emirates: Wednesday, December 05 - 2007 at 14:38
  • PRESS RELEASE

Dubai Islamic Bank (DIB), the first Islamic bank in the world, unveiled today a new brand identity for 'Johara', DIB's exclusive banking services tailored for ladies.

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  • Right to left : Ali Rahim, Product Development, Retail, DIB, Mohammed Amiri, Senior Vice President, Retail and Business Banking, DIB Rana Hindawi, Product Development Manager, Johara, DIB, Wasim Saifi, Executive Vice President, DIB and Nasser Al Awadi, Senior Vice President, Head of Branches, DIB.
    Right to left : Ali Rahim, Product Development, Retail, DIB, Mohammed Amiri, Senior Vice President, Retail and Business Banking, DIB Rana Hindawi, Product Development Manager, Johara, DIB, Wasim Saifi, Executive Vice President, DIB and Nasser Al Awadi, Senior Vice President, Head of Branches, DIB.
DIB revealed that four new Johara braches will be opened in 2008 as part of an expansion plan aimed at catering to the increasing demand for ladies' financial services. The bank also announced the launch of two new products for its female customers - an Islamic credit card and a unique auto finance offering with comprehensive features such as road assistance, insurance and others.

The new brand identity was unveiled during a press conference organised by DIB in the presence of Wasim Saifi, Executive Vice President, DIB; Mohammed Amiri, Senior Vice President, Retail and Business Banking, DIB; Nasser Al Awadi, Senior Vice President, Head of Branches, DIB; and Rana Hindawi, Product Development Manager, Johara, DIB.

Wassim Saifi said:

"Johara has ambitious expansion plans for the next year, including the launch of three new branches to reach eight branches across the country. This plan is aimed at meeting the increasing demand for private ladies banking services across the country, especially Islamic banking services."


"The purpose of the Johara re-launch project is to introduce this newly energised concept of ladies banking, reaching out to women from across the country, including professionals and housewives," he added.

He noted: "DIB was the first bank to provide unique and distinguished ladies banking services across the UAE. Roughly 65 per cent of Johara's customer base is composed of UAE national ladies, while 30 per cent are nationals of other Arab countries, and the remaining five per cent are of other nationalities."

Rana Hindawi said: "We are delighted to announce the launch of two new offerings for ladies, including a new credit card designed for women, as well as an innovative auto finance offering."

Commenting on the new branding, she noted: "The brand colour integrates extremely well with DIB's overall corporate identity. It also reflects various aspects of the Johara concept, as it is feminine, dynamic, vibrant, Islamic, modern and contemporary."

Ms. Hindawi said: "Johara's re-launch signals a new era for DIB's ladies banking services that have contributed to revolutionising the industry by providing a wide range of innovative Sharia-compliant products."

"Johara's exclusive services come in recognition of the significant female contribution to the nation's economy. These services provide a comprehensive range of specialised and innovative ladies banking products with the highest standards of personal attention, professional care and convenience - all with the aim of the equitable distribution of benefits to all stakeholders and society," she concluded.

DIB's first dedicated Johara branch was established in Jumeirah, Dubai, in 2003, followed by branch openings in Abu Dhabi in 2004, Sharjah in 2005 and Al Ain in 2006.
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Notes and media contacts

DIB Profile
Dubai Islamic Bank (DIB), established in 1975, is the first Islamic bank to have incorporated the principles of Islam in all its practices. The bank has recently announced the breaking of another world record by raising $3.52bn Sukuk for the Nakheel Group. This Sukuk adopted a 1st of its kind structure never used before in Islamic or conventional banking history.

As recognition of its leading role in the international arena, DIB has received many awards from international organizations such as the prestigious "Bank of the Year - UAE" award for 2006 by The Banker magazine and accolades from Euromoney as well. In 2006, DIB received international credit rating by Standard & Poor's and Moodys.

For further information, please contact:
Nicholas Nesson / Tarek Fleihan
ASDA'A Public Relations
Dubai, UAE
Tel: +971-4-3355969
Fax: +971-4-3344556

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