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In 2007, Dubai Islamic Bank along with its partner Jordan Dubai Capital started discussions with the shareholders of the Industrial Development Bank and the Government of Jordan to acquire a majority stake in Industrial Development Bank and to convert and restructure it into a fully fledged Islamic Commercial Bank. The investor group’s vision revolved around capitalizing on the significant opportunity/demand for Islamic banking products & services in Jordan through Dubai Islamic Bank’s extensive experience in Islamic Banking. The bank has been successfully converted and restructured into a fully fledged Islamic bank now and the name of the bank has been changed to Jordan Dubai Islamic Bank. Together with the name change, the charter documents have also been revised to reflect our new identity as a Sharia compliant and halal institution and with the fresh injection of capital, JDIB today is one of the best capitalized banks in the Jordanian financial services sector..
Dubai Islamic Bank PJSC is the “first Islamic bank in the world” and a premier UAE-based financial institution that was established in 1975. The vision behind DIB’s creation was to provide a practical Shari’a compliant alternative to financial needs of customers being met through conventional banking. The driving philosophy behind the services DIB offers is the overall development of society and fuelling the growth of local and regional economies through halal means that are in direct compliance with the tenets embodied in Sharia principles. To this end DIB believes in creating strong partnerships with its customers with the objective of providing them with a wide range of investment vehicles and banking products. Over the last 35 years, Dubai Islamic Bank has emerged as one of the largest islamic banks in the world with both a significant UAE presence and a growing international operation which includes Pakistan, Sudan, Jordan and Bosnia. Thirty years of experience, strong client network, vast array of products offered, professionalism, and strive for excellence are ingredients of DIB’s success.
Jordan Dubai Capital (JD Capital) is today the leading investment vehicle in Jordan, managing assets with a value of over USD 1 Billion. JD Capital was founded at the end of 2005 and seeks to empower the local economy on a regional level and maximize shareholders' value, through contributing to the growing investment opportunities in Jordan by tapping into the numerous sectors with strong growth prospects. Among the company's many strengths are its extensive regional and local networks, know-how and vast financial capabilities.
An affiliate of Dubai International Capital, the investment arm of the giant group Dubai Holding, JD Capital focuses on an ambitious investment policy structured towards the outstanding opportunities in privatization, developmental projects and ventures in existing and emerging companies.
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(Amman, 1st July, 2010) Jordan Dubai Islamic Bank has revealed lately the expansion of their products and services list for individuals by launching two new products that comply with Islamic Shari‘a, which falls within its plan to provide comprehens...More
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Built from the strong foundations of Islamic banking, JDIB will introduce an innovative
suite of retail personal finance products to fit your specific needs. |
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