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DIB wins top HR award for banking sector
- United Arab Emirates: Tuesday, March 08 - 2005 at 15:07
- PRESS RELEASE
Dubai Islamic Bank (DIB) today won official recognition for its outstanding human resources policies and development activities.
Ruler of Sharjah H.H. Dr. Sheikh Sultan bin Mohammed Al Qassimi, Member of the UAE Supreme Council, presented the Human Resources Development Award in banking to Dubai Islamic Bank.
On the sidelines of the conference being held at Expo Sharjah Saad Abdul Razak, Deputy Chief Executive officer of the bank, said: "Dubai Islamic Bank regards its human resources as the basis for its future growth and development. Our strategy in this area has seen considerable success and we are the employer of choice for all staff in the banking sector.
"This award, one of a number we have received for our human resources policies and practices, is due recognition for the bank's determined efforts to properly manage and develop its staff."
"We are proud to be given this prestigious award, presented less than a week after the bank won the Dubai Human Development Award for its investment in its human resources."
DIB aims through its innovative career development programmes to enhance its role in expanding the knowledge base of banking in general and Islamic banking in particular among Nationals.
The continuous efforts and developmental programmes provided over the past few years by the bank have played a significant role in its achieving nationalisation levels that are among the highest among UAE banks.
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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
DIB
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.
DIB training
The bank provides a series of career development programmes for national staff in which international and local institutions participate. It has also signed agreements with consultancy companies that evaluate employees and applicants abilities to build on strengths and eliminate weaknesses so that national staff will be able to meet the requirements of the bank.
The Human Resources Development Award in the banking sector
The award aims to reward and appreciate the initiatives taken by banks and financial institutions to build on the talent of UAE youth and enhance their contribution to the rapid economic growth of the country.
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Posted by Anne-Birte Stensgaard, Senior News Editor
