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DIB awarded top HR award for banking sector

  • United Arab Emirates: Sunday, March 05 - 2006 at 15:34
  • PRESS RELEASE

Dubai Islamic Bank (DIB) received today official recognition for its outstanding human resources policies and development initiatives.

The bank was awarded the top award in the financial sector at the Eighth National Careers Exhibition taking place at Expo Centre Sharjah from 5 to 8 March, 2006.

H.H. Dr. Sheikh Sultan bin Mohammed Al Qassimi, Ruler of Sharjah and Member of the UAE Supreme Council, presented the Human Resources Development Award in banking to Dubai Islamic Bank.

Saad Abdul Razak, DIB's Chief Executive Officer, said:

"Human resources comprise the core of Dubai Islamic Bank's future growth and development. This prestigious award is a confirmation of the success of the bank's strategy, for it reveals the outcomes of our significant efforts directed towards investing in human capital and enhancing their role in the banking industry."


DIB's participation in the Eighth National Careers Exhibition is a result of the bank's quest to support emiratisation policies and attract more UAE Nationals into the banking industry in general and the Islamic financing sector in specific. Furthermore, DIB will be honouring employees who have served with the bank for 20 years or more they are Obiad Nasir Lotah, Ahmed Abdulla Arif, Mnsoor Abdulla AlAwathi, Abdulnasir Mohammed Alzaree, Abdulrazaq Abdulla Ibrahim Jasim Mohammed Rasool, Ali Khaleel Al Sayiq.

The bank 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 years by the bank have contributed to the high level of skills in the industry.

The National Careers Exhibition aims to encourage banks and financial institutions to invest in national talent in the rapidly growing economic environment of the UAE.

DIB enjoys one of the highest emiratisation levels in the banking sector, thanks to its innovative initiatives to attracting national cadres into the industry. In addition to such initiatives, DIB currently provides several courses that assist in developing its national employees. The courses include English Banking Skills, Customer Service skills, and many others. Furthermore, DIB provides of a number of job development programmes in which prestigious international and local consultancy firms contribute.
H.H. Dr. Sheikh Sultan bin Mohammed Al Qassimi, Ruler of Sharjah and Member of the UAE Supreme Council, presenting the Human Resources Development Award in banking to Saad Abdul Razak, DIB's Chief Executive Officer of Dubai Islamic Bank. 
H.H. Dr. Sheikh Sultan bin Mohammed Al Qassimi, Ruler of Sharjah and Member of the UAE Supreme Council, presenting the Human Resources Development Award in banking to Saad Abdul Razak, DIB's Chief Executive Officer of Dubai Islamic Bank.
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Notes and Media Contacts »

For further information, please contact:
Tim Harrison/ 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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