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DIB unveils instant bill payment services
- United Arab Emirates: Tuesday, October 05 - 2004 at 17:14
- PRESS RELEASE
Dubai Islamic Bank's (DIB) new Instant Bill Payment Service, to settle Etisalat accounts through its ATM machines, was unveiled at GITEX 2004 yesterday.
Saad Abdul Razak, Deputy Chief Executive Officer - DIB said: "The Instant Bill Payment Service strengthens the relationship between DIB and its customers. The policy of the bank has always been to bring its services ever closer to its customers. The huge investment it has made over the years to usher in technology across its entire operations places DIB right at the forefront of the IT revolution."
Utility Bill payments can be made through Al Mubasher telephone banking service, Al Islami Online, and DIB's extensive ATM network. Abdullah Al Hamili, DIB's Executive Vice President - Support Services, said: "The bank is committed to continuing to invest in the latest technology for the benefit of our customers. The whole purpose is to make the bank as consumer-centric as is possible.
"Now our customers can avoid the inconvenience of being disconnected from any of Etisalat services just because they did not have the time to be present physically to pay their bills. Soon, DIB will extend this service to take all utility bill payments."
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Notes and media contacts
For further information, please contact:Sameh Hamtini/ Daniel Camara
ASDA'A Public Relations
Dubai, UAE
Tel: +971-4-3344550
Fax: +971-4-3344556
Established on 1975, Dubai Islamic Bank is considered to be the first Islamic bank in the world that has implemented the principles of Islam in all its practices. It was founded with the active assistance of the UAE Government, the Central Bank and the people of the UAE. The economic and business philosophy of Islam encourages generation and sharing of profits. However, it forbids giving or taking of interest. Leveraging the strengths of Islamic business and economic concepts on one hand and state-of-the-art banking technology on the other, DIB creates partnerships with its customers to generate profits, which are then shared with them. DIB has created a vast array of Islamic banking and finance products to suit every conceivable need of its customers.
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Posted by Anne-Birte Stensgaard, Senior News Editor
