Dubai Islamic Bank opens door to student highfliers with valuable scholarships

This will offer valuable scholarships to 25 national students through college and fast track them into jobs with the bank.

The programme provides financial support for academic study, and practical training courses, with the aim of preparing students for employment at the bank. Employment at the end of the course remains conditional on those awarded the scholarships achieving the required standard.

The scholarships will provide students with a monthly income for the duration of their course. The other benefits of the scholarship include work experience at the bank and will be given priority when vacancies arise.

Obaid Al Shamsi, Head of the Emiratisation Committee at DIB, said: "The aim of this scholarship programme is to identify and encourage those students with the special qualities that will enhance the unique character of the bank. By providing for them financially we are also contributing to preparing a qualified national workforce."

An important aspect of the Student Sponsor Programme for DIB is that it will encourage the teaching and learning of banking practices that are in line with Islamic Shariah principles. "This programme will help develop a knowledge base for Islamic banking," Obaid said.

"By attracting nationals into banking, and specifically the Islamic sector, we are fulfilling our aim of developing a system tailored to the specific needs of this country. We want our banking system to set the highest standards but at the same time retains its own individual character."