Dubai Islamic Bank unveils ‘Nest’ – A breakthrough in lreen living

Dubai Islamic Bank unveils ‘Nest’ – A breakthrough in lreen living

Dubai: In a move that underscores its commitment to sustainability and responsible banking, Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, today announced the launch of 'Nest' – a sustainable home finance program designed to make eco-friendly living accessible to families across the UAE. Building on the momentum of COP28 and the DIB’s proactive role in climate advocacy, ‘Nest' is a tangible embodiment of the Bank’s pledge to support the creation of sustainable communities. 'Nest' offers a suite of financial products tailored to empower customers to invest in green homes, as well as ancillary finance for solar panels and sustainable construction materials, fostering an environmentally conscious lifestyle. Additional benefits of 'Nest' includes, discounts on home finance rates, discount on due diligence and documentation fees, fee reimbursement for property evaluation, and a one-year free property Takaful, aligning with DIB's drive to promote, encourage and incentivize sustainable choices. Reflecting DIB's digital prowess, the program assures customers of paperless pre-approvals and digital contracts, further streamlining the home finance process while reducing the carbon footprint. Sanjay Malhotra, Chief Consumer Banking Officer at DIB, states: "With 'Nest', we are not just financing homes, but we are nurturing a future where sustainability is