Dubai Islamic Bank opens new branch in Kalba, Sharjah

The new branch comes in line with DIB's overall expansion plans to meet the growing demand in the UAE for Islamic banking services.

The branch opening was announced by Dr. Adnan Chilwan, Chief of Retail and Business Banking. Dr. Chilwan said:

"As new communities and towns across the UAE develop, the demand for Islamic banking services continues to grow. To meet this demand, DIB, the world's first Islamic bank, has aggressively expanded its branch network in the UAE over the last few years, and with the opening of our 51st branch at Kalba, this trend continues."

He added: "Although Electronic Banking channels are extremely successful, branches continue to be the most important service channel. DIB's expansion is a clear indicator of our strategy of providing the best services to our customers and extending DIB's presence within the community."

Rashid Mahboob, Head of Branches, DIB, said: "We have already opened two branches this year at Jumairah Beach Residence and Dubai Industrial City with, four more branches set to open across the UAE by the end of the year.

"Kalba is a valuable addition to our branch network in the East Coast region. The new branch will enable us to tap into Kalba's substantial customer base, especially small and medium-sized businesses, which represent a significant business opportunity. The new branch in Kalba will provide customers with the entire range of DIB's Sharia-compliant banking products and services, ranging from current, savings, and investment deposit accounts, Auto Finance, Personal Finance, Credit Cards and Business banking solutions."

Zayed Saeed Al Khezaimi has been appointed the manager of the branch. Previously, Al Khezaimi held various executive positions in the bank's branches in Dibba and Fujairah. With a Diploma in Economics from UAE University, Al Khezaimi participated in the "Qiyadee" training programme upon commencement of his career at DIB. The "Qiyadee" training programme, targeted at UAE nationals, was created to identify excellence and develop leadership skills so that qualified nationals can successfully head DIB departments in the future.