United Arab Emirates · Financial institution

Dubai Islamic Bank (Public Joint Stock Company)

Dubai Islamic Bank (DIB) is a public joint stock company headquartered in Deira, Dubai, founded in 1975 and licensed by the Central Bank of the UAE. According to Moody's, the Government of Dubai held 28% of the bank through the Investment Corporation of Dubai at March 2026. The bank provides Sharia-compliant retail, corporate, treasury and investment banking services. It acquired Noor Bank in 2020.

BICDUIBAEADXXX LEI5493003E7YRAQY3JGW88 Licence no.Not on a tracked register Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under DUIBAEAD directly. 3 branch codes Group: Dubai Islamic Bank (Public Joint Stock Company) Claim this profile

Licences and registrations

Matched by LEI on the 22 tracked registers

None matched by LEI in the 22 tracked registers.

  • The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.

Swift network

Swift’s ISO 9362 BIC directory

BIC
DUIBAEADXXX head office
Connection to Swift
Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under DUIBAEAD directly.
Swift GPI
Not on the member list
Payment schemes and systems
No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
Branch codes
3 branch codes
BIC first registered
1995-06-03
Last updated
2025-11-07

Overview

Researched 29 Sep 2026 · Sources

Total assets

AED 423bn

Group · 30 Jun 2026 · interim report ↗

Employees

12,000

headcount · Group · 31 Dec 2025 · source ↗

Ownership

Publicly listed

Ticker DIB

Institution type

Islamic bank

Trades as DIB

Standing
Chairman Mohammed Ibrahim Al Shaibani resigned as chairman and board member with effect from 20 September 2026, according to the bank's disclosure to the Dubai Financial Market. The bank's board page still listed him as chairman on 29 September 2026.
Ownership
The bank is listed on the Dubai Financial Market, and according to Moody's the Government of Dubai held 28% through the Investment Corporation of Dubai at March 2026.
Major shareholder
Investment Corporation of Dubai (Government of Dubai) 28% · 31 Mar 2026
Stock listing
Dubai Financial Market DIB
Head office
Al Maktoum Road, Deira, P.O. Box 1080 Dubai, United Arab Emirates

Business lines

  • Islamic banking
  • Retail banking
  • Corporate banking
  • SME banking
  • Consumer finance
  • Mortgage lending
  • Cards
  • Private banking & wealth
  • Markets & trading
  • Investment banking
  • Trade finance
  • Correspondent banking

According to its H1 2026 results, corporate financing assets were AED 186 billion and the consumer banking portfolio was AED 86 billion, all under Sharia-compliant structures.

Online

Websites & references
dib.ae ↗
Wikipedia ↗
Official social accounts
LinkedIn ↗ · X ↗ · Facebook ↗ · Instagram ↗ · YouTube ↗
Sources · 11 pages consulted
  1. dib.ae/
  2. dib.ae/about-us/leadership-team/board-of-directors
  3. dib.ae/about-us/leadership-team/executive-management
  4. dib.ae/about-us/investor-relations/home
  5. dib.ae/about-us/news/2026/07/14/dib-posts-strong-h1-2026-results?type=news
  6. dib.ae/business/treasury/financial-institutions
  7. dib.ae/docs/default-source/credit-rating/moodys-rating-dib-report.pdf?sfvrsn=e631ed7_58
  8. emaratalyoum.com/business/local/2026-09-23-1.2085894
  9. alkhaleej.ae/2026-04-01/%D8%A5%D8%B9%D8%A7%D8%AF%D8%A9-%D8%AA%D8%B9%D9%8A%D9%8A%D9%86-%D9%85%D8%AD%D9%
  10. zawya.com/en/press-release/events-conferences/dib-shareholders-approve-aed-2.53bln-cash-dividend-at
  11. en.wikipedia.org/wiki/Dubai_Islamic_Bank

Leadership

Researched 29 Sep 2026 · Sources

Chief executive
Dr. Adnan Chilwan Dr. Adnan Chilwan Group Chief Executive Officer Confirmed 29 Sep 2026 · dib.ae ↗
Executive
Yahya Saeed Lootah Yahya Saeed Lootah Vice Chairman (chair vacant since 20 September 2026) Confirmed 29 Sep 2026 · dib.ae ↗
Chief financial officer
John Macedo John Macedo Chief Financial Officer Confirmed 29 Sep 2026 · dib.ae ↗
Executive
Abdul Waheed Rathore Abdul Waheed Rathore Group Chief Compliance Officer Confirmed 29 Sep 2026 · dib.ae ↗
Executive
Obaid Al Shamsi Obaid Al Shamsi Chief Operating Officer Confirmed 29 Sep 2026 · dib.ae ↗

Supervisors & regulators

Researched 29 Sep 2026 · Sources

United Arab Emirates
Central Bank of the UAE Central bankPrudential supervisorAML supervisorConduct

Recent events

Researched 29 Sep 2026 · Sources

  1. Leadership

    The bank told the Dubai Financial Market that Chairman Mohammed Ibrahim Al Shaibani resigned from the chair and the board, effective 20 September 2026.

    emaratalyoum.com ↗
  2. Leadership

    The board reappointed Mohammed Ibrahim Al Shaibani as chairman and Yahya Saeed Lootah as vice chairman for the 2026–2029 term.

    alkhaleej.ae ↗

Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.

Identifiers

Head-office record

BIC
DUIBAEADXXX
How the BIC breaks down
  1. DUIBBank
  2. AECountry · United Arab Emirates
  3. ADLocation
  4. XXXBranch · head office
Branch description
Not recorded in the directory
LEI
5493003E7YRAQY3JGW88
LEI record
View on GLEIF ↗
How the LEI was matched
BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.

Profile

Type
Financial institutionClassified as a financial institution in Swift’s ISO 9362 BIC directory, with no licence on a tracked register. This includes banks that neither the ECB nor the FSB lists, as well as brokers, fund managers, insurers and market infrastructure.
Regulation
Not on a tracked registerNo licence or registration was found for this entity on the registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
Register licences
None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
Country · region
United Arab Emirates · Middle East & North Africa
Trading venues (MIC)
No MIC registered under this LEI list of 2026-09-17
OFAC sanctions
No listing cites this BIC
EU sanctions
No listing matched this BIC or its LEI
Country sanctions
No country programme

Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.

No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.

Ownership and group

GLEIF relationship records

The Dubai Islamic Bank (Public Joint Stock Company) group has 2 institutions in the directory, in 2 countries: all hold a BIC.

Including Dubai Islamic Bank Pakistan Limited.

See the Dubai Islamic Bank (Public Joint Stock Company) group →

Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.

Addresses

Registered address
DUBAI ISLAMIC BANK HEAD OFFICE AL MAKTOUM STREET DUBAI 1080 1080 UNITED ARAB EMIRATES
Operational address
DUBAI ISLAMIC BANK HEAD OFFICE AL MAKTOUM STREET DUBAI 1080 DUBAI POB 1080 UNITED ARAB EMIRATES

ISO 20022 identification

As an agent in a Swift cross-border payment message (CBPR+)

A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.

Identified by
BIC, with its LEI
Roles in CBPR+
Any agent, including the instructing and instructed agents

CBPR+

For cross-border payments on Swift: the BIC, with the LEI and clearing code where known

<FinInstnId>
  <BICFI>DUIBAEADXXX</BICFI>
  <LEI>5493003E7YRAQY3JGW88</LEI>
</FinInstnId>

Full record

Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC

<FinInstnId>
  <BICFI>DUIBAEADXXX</BICFI>
  <LEI>5493003E7YRAQY3JGW88</LEI>
  <Nm>DUBAI ISLAMIC BANK (PUBLIC JOINT STOCK COMPANY)</Nm>
  <PstlAdr>
    <TwnNm>DUBAI</TwnNm>
    <Ctry>AE</Ctry>
    <AdrLine>DUBAI ISLAMIC BANK HEAD OFFICE AL MAKTOUM STREET DUBAI 1080 1080</AdrLine>
  </PstlAdr>
</FinInstnId>

The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.

Network

Branch network

All 3 branch BICs connect to the head office. They are all in Dubai, and no function or registration year splits them further.

Head office DUIBAEADXXX HQ DUIBAEADDEO · DIRECT EQUITIES OPERATIONS · Dubai DEO DUIBAEADLCS · DEPARTMENT LETTERS OF CREDIT · Dubai LCS DUIBAEADTOS · TREASURY DEPARTMENT · Dubai TOS

Hover over a branch or group to see its details

Branch codes

BICBranchCityAddressLEIUpdated
DUIBAEADDEO DIRECT EQUITIES OPERATIONS Dubai DUBAI DUBAI UNITED ARAB EMIRATES — 2025-11-07
DUIBAEADLCS DEPARTMENT LETTERS OF CREDIT Dubai DUBAI DUBAI UNITED ARAB EMIRATES — 2025-11-07
DUIBAEADTOS TREASURY DEPARTMENT Dubai DUBAI DUBAI UNITED ARAB EMIRATES — 2025-11-07

See every BIC in United Arab Emirates →

Claim this profile

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  3. 03Profile claimed The page is marked as claimed and verified. You can send us corrections at any time.

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Sources & method

Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.

Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.

The sanctions facts on this page cover the BIC and its LEI only.

An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.

Read the methodology →

Credits for this page

  • Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
  • Overview, leadership, regulators and events—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
  • Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: dib.ae (official website) · original; Dr. Adnan Chilwan: dib.ae (official website) · original; Yahya Saeed Lootah: dib.ae (official website) · original; John Macedo: dib.ae (official website) · original; Abdul Waheed Rathore: dib.ae (official website) · original; Obaid Al Shamsi: dib.ae (official website) · original.

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