Offers wide range of services 24/7 through mobile phone

Secure, convenient service available to all DIB customers

Dubai, June 13, 2010: In line with its commitment to customer service and product innovation, Dubai Islamic Bank (DIB) announced today the launch of Al Islami Mobile Banking, which provides a wide range of secure and convenient banking services 24 hours a day, seven days a week, through a customised mobile-based website.

Customers will be able to check their account and card statements and details, including Murhaba accounts, investment accounts and funds. Customers can also open an investment account, request a chequebook, and issue or cancel a card through this same service.

Additionally, customers may make payments and fund transfers to any predefined beneficiary, while also registering for additional e-channel services, such as SMS and phone Banking and E-Statements.

"Al Islami Mobile Banking is leveraged on the existing Al Islami Online Banking service which has been a great success since its launch in November 2009," said Musabbah Al Qaizi, Head of Electronic Banking Services Department, Dubai Islamic Bank.

"At Dubai Islamic Bank, we are committed to offering our customers unique and convenient ways to bank using the best and latest technologies. DIB customers can now conduct all their daily banking needs without worrying about panch opening hours or carrying a laptop with them. It all can be done using mobile phones."

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About Dubai Islamic Bank:

Dubai Islamic Bank (DIB), established in 1975, is the first Islamic bank to have incorporated the principles of Islam in all its practices and is the largest Islamic bank in the UAE. DIB is a public joint stock company, and its shares are listed on the Dubai Financial Market. The bank enjoys a reputation as a leader and innovator in maintaining the quality, flexibility and accessibility of its products and services. The bank currently operates 63 panches in the UAE.

DIB has been proactive in creating partnerships and alliances at both the local and international level. The bank has established DIB pakistan Limited, a wholly owned subsidiary which has a network of 36 panches across 16 major cities in pakistan. DIB has also started operations in Jordan, with the establishment of Jordan Dubai Islamic Bank

DIB has won the respect of its peers around the world for many years, and its leading position has been reaffirmed by the 34 awards that it has won in 2008 and 24 accolades in 2009, across diversified areas, including retail, corporate and investment banking. The bank's most recent awards include "Best Islamic Bank in UAE" for the fifth consecutive year by Islamic Finance News, "Best Islamic Bank in UAE" by Asiamoney magazine, and "Best Islamic Finance Bank" by N-Y based Global Finance magazine.

For further information, please contact:

Nicholas Nesson/Gunjan Chaurasia/Tasneem Abdur-Rashid

ASDA'A Burson-Marsteller

Dubai, UAE

Tel: 971-4-3355969

Fax: 971-4-3356080

E-mail: n.nesson@asdaa.com/g.chaurasia@asdaa.com/t.rashid@asdaa.com

© press Release 2010