Dubai Islamic Bank introduces Al Islami Infinite Credit Card
- United Arab Emirates: Saturday, December 19 - 2009 at 12:19
- PRESS RELEASE
Dubai Islamic Bank (DIB) announced today the launch of the Al Islami Infinite Credit Card, an invitation-only card available exclusively to ultra high net worth clients of the bank. The hand-crafted card, which is encrusted with a diamond and illustrated with genuine gold calligraphy, offers a wide range of unparalleled privileges, including international concierge services, airport lounge access, travel insurance, purchase protection and much more.
Al Islami Infinite Credit Cardholders are eligible for a range of other benefits, including full multi-trip travel insurance, roadside assistance, as well as discounts on a range of products and services. Card members also receive complementary access to over 600 airport lounges in 300 cities worldwide.
In addition to extremely high credit limits, cardholders receive extended warranties on their purchases, as well as a range of special purchase-protection features. Al Islami Infinite Credit Cardholders are also eligible for a number of significant emergency services, such as cash and card replacement and emergency medical coverage.
"The Al Islami Infinite Credit Card is the perfect complement to our recently launched Wajaha proposition, and offers our ultra high net worth clients access to an exclusive world of benefits," said Dr. Adnan Chilwan, Chief of Retail and Business Banking, Dubai Islamic Bank. "Available by invitation only, membership to the Al Islami Infinite Credit Card provides an unmatched combination of privileges, services and security.
"We have developed this card to cater to the unique lifestyle requirements of our exclusive customers, and are confident that it will be appreciated. The card is likely the most distinguished-looking card in the world, and therefore makes a statement about the privileged few who will carry it," he added.
Wajaha is a recently introduced service from Dubai Islamic Bank, which offers unparalleled advantages, from unique financial products to personal relationship managers, offered within a private setting in exclusive Wajaha Centres in Abu Dhabi, Dubai and Sharjah. The launch of Wajaha has created an elite tier of ultra high net worth individual clients of DIB, who are invited by the bank to enjoy the best products and services.
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Dubai Islamic Bank (DIB), established in 1975, is the first Islamic bank to have incorporated the principles of Islam in all its practices and is the largest Islamic bank in the UAE. DIB is a public joint stock company, and its shares are listed on the Dubai Financial Market. The bank enjoys a reputation as a leader and innovator in maintaining the quality, flexibility and accessibility of its products and services.
The bank currently operates 61 branches in the UAE. As part of its expansion plans announced in early 2009 and in line with its aim to ensure customer satisfaction through accessibility, DIB will increase its nationwide network to 64 branches by the end of this year. In addition to regular, full-service branches, DIB is also planning to launch Express Banking Centres, which will provide fast, efficient services to DIB customers at various convenient locations like shopping malls, hypermarkets and megastores
By the end of 2009, DIB forecasts that the bank's total customer base will increase by approximately 15 per cent, reaching some 900,000 customers, while its retail assets business will grow by approximately 20 per cent.
DIB has been proactive in creating partnerships and alliances at both the local and international level. The bank has established DIB Pakistan Limited, a wholly owned subsidiary. DIB has also opened its first representative office in Turkey to enhance its access to that market. DIB has also acquired a stake in Al Khartoum Bank and in Emirates and Sudan Bank, as well as contributing to the launch of Jordan Dubai Islamic Bank.
DIB has won the respect of its peers around the world for many years, and its leading position has been reaffirmed by the 34 awards that it has won in 2008 across diversified areas within banking, be it retail, corporate or investment banking. The bank was recently named "Best Islamic Bank" for the 4th consecutive year by Banker Middle East magazine. DIB has also received many awards from international organisations, such as the prestigious "Bank of the Year" award from The Banker (Financial Times), along with prestigious accolades from UK-based Euromoney and NY-based Global Finance magazines.
For further information, please contact:
Nicholas Nesson / Ghaleb Zeidan / Gunjan Chaurasia
ASDA'A Burson-Marsteller
Dubai, UAE
Tel: 971-4-3355969
Fax: 971-4-3356080
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Posted by Husam Odiabat



