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Sunday, December 6 - 2009

DIB presents special promotion during the 7th International Automobile Show in Sharjah

  • United Arab Emirates: Monday, November 22 - 2004 at 13:15
  • PRESS RELEASE

Dubai Islamic Bank announced today its participation in the 7th International Automobile Show that takes place once every two years.

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  • Abdulla Al Shamsi, Vice President Sales- DIB.
    Abdulla Al Shamsi, Vice President Sales- DIB.
The Show will be held at Expo Centre-Sharjah on November 23.

The 7th International Automobile Show is considered one of the most important exhibitions in the country, which is considered a good opportunity to meet a large number of potential customers and market the new cars and financing options presented at Emirates Trade Centre (ETC) - a Dubai Islamic Bank subsidiary. DIB will extend its Ramadan 3.70 per cent Murabaha financing scheme that was scheduled to expire at the end of Ramadan to continue till the end of November to provide the maximum number of facilities to its clients.

Abdulla Al Shamsi, Vice President Sales- DIB, said: " DIB is constantly on the lookout to provide the best offers and services for its current and potential customers. Extending the Ramadan offer is expected to attract more potential car buyers all over the Emirates especially that DIB is a leader in the car financing industry in the UAE."

Demand for cars in the UAE has been increasing over the past years, which led to the creation of the need for more innovative and suitable financial solutions along with superior service and convenience that suits all customer's requirements, needs, and time.

"DIB extended its Ramadan offer to cover the Middle East International motor show with the main objective of facilitating our clients with exclusive packaged offers that include sales of cars, full fledged dealer's warranty, Islamic insurance and car registration service, within an Islamic financing format. Our aim is to support our customers and help them not only during Ramadan but also over the whole year."

"DIB's Ramadan offer proved to be a highly successful scheme which satisfied all our customers' requirements and needs, which led us to extend our promotional offer period." added Abdulla Al Shamsi.
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Notes and media contacts

For further information, please contact:
Sameh Hamtini/ Khaled Abdulla
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 customer.

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