UAE-wide BRanch network to reach 74 by end 2010

Dubai, November 10, 2010: Dubai Islamic Bank (DIB) announced today the opening of three new BRanches - one in Abu Dhabi and two in Dubai - BRinging the bank's UAE network to a total of 66 BRanches.

The new BRanches in Dubai are located in Al Qusais and Al Lisaili areas while the new Abu Dhabi BRanch is based in Shahama. All three BRanches will offer customers the full range of DIB's products and services. Due to a high demand for ladies-only banking, the Shahama BRanch will also include a dedicated Johara section.

"One of the pillars of our Retail strategy for 2010 has been to enhance convenience and accessibility for our customers. To support this, we will further strengthen DIB's footprint and endeavor to be within close proximity of all our customers across the UAE," said Dr. Adnan Chilwan, Chief of Retail and Business Banking, Dubai Islamic Bank. "We plan to expand our network to 74 BRanches across the UAE by the end of this year, to cater to our growing and geographically spreading customer base."

"Dubai Islamic Bank always endeavors to provide its customers with optimum services, through introducing unique Sharia-compliant products, adding new BRanches at convenient locations and more," said Rashid Mahboob, Head of BRanches Management, Dubai Islamic Bank. "We are certain that the opening of our new BRanches will be of immense benefit to our customers. We look forward to welcoming them in our new BRanches and opening more BRanches in the near future."

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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 66 BRanches 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 BRanches 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