COVER INTERVIEW
Shaping the Future Dr. Adnan Chilwan Group CEO, Dubai Islamic Bank, talks with MEA Finance, describing how DIB has successfully navigated the pitfalls of recent times, gone on to launch a new digital banking service driven by a new ethos, and explains how Islamic Finance is more closely in sync with today’s changing values
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Banking and Finance news in the MEA market
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n 2021, DIB enjoyed an impressive 39% growth in net profits. What was behind this result?
Amidst the headwinds that the global economies are still facing, DIB has remained resilient with a remarkable 39% growth in profitability. This solid p e r fo r m a n c e d e m o n st ra te s t h e robustness of our strategy which allowed us to deliver results despite the prevailing economic conditions. Right across the business, DIB performed well in 2021 not just in terms of increased activity, but also through the application of strict cost controls and cash management. Those included lower impairment charges and a sustained reduction in
