Dubai Islamic Bank (DIB) – 30 Most Valuable Banks 2024 – Forbes Lists – Forbes Middle East

Dubai Islamic Bank (DIB) – 30 Most Valuable Banks 2024 – Forbes Lists – Forbes Middle East

DIB provides Shariah-compliant banking services to over five million customers across seven countries, including the U. A. E., Pakistan, Sudan, Indonesia, Bosnia, Kenya, and Türkiye. DIB's net profit grew by 26. 3% to hit $1. 9 billion in 2023, while the bank's total assets recorded $85. 6 billion. In September 2023, DIB announced that it would acquire a 20% stake in Türkiye's T. O. M. Group with an option to increase it to 25% within 12 months in a move to enter the Turkish digital banking and financial technology sector.