Dubai, October 8, 2008: Dubai Islamic Bank (DIB) in cooperation with the UAE Institute of Training and Judicial Studies has organised a five-day professional training programme for students enrolled in judicial studies, as part of the bank's ongoing initiative to extend practical and professional education to UAE nationals.

Chancellor Dr. Mahmoud Mohamed Al Kamali, General Manager, UAE Institute of Training and Judicial Studies, said: "As part of this initiative with DIB, trainees from the Institute receive training and professional exposure at all levels. The most important aspect of the programme is that it helps trainees to apply their learning to real-life situations. For this purpose, it is the Institute's endeavour to partner with leading corporations and banks like Dubai Islamic Bank to conduct such hands-on training."

He added: "Trainees at this programme receive a better understanding of important operations at the bank such as clearing cheques, transfers, banking facilities, financing, credit cards, debit cards, and other functions."

Trainees were also briefed on the operations of various departments at the bank, as well as technical issues faced by each section, all of which is aimed to increase their efficiency upon graduation.

Obeid Al Shamsi, Head of Human Resources, DIB Group, said: "The five-day training programme is part of the bank's strategy to invest in and cooperate with vital institutions within the UAE, and to highlight the most important developments in the field of human resources."

The five-day course is being facilitated by Dr. Saleh Farag, Audit Manager, Sharia Supervisory Department, DIBDIB. It follows other recent training initiatives by the bank aimed at UAE nationals, including its Emarati and Iktassib training programmes, both of which concluded in August 2008.

"Our aim is to introduce students of the Institute of Training and Judicial Studies to the bank's overall vision, while imparting practical training of the bank's Audit and Sharia mechanisms. Pupils of previous DIB training programmes found this training extremely useful in helping them understand Islamic banking mechanisms," Al Shamsi added.

Dubai Islamic Bank is a Sharia-compliant financial institution. As such, please refrain from using any of the following terms in reference to the bank and its activities:

Loan

Lender / Lending / Lend

Borrower / Borrowing / Borrow

Credit facility

Advance

Interest