Dubai Islamic Bank Attracts $1.2 Billion for $750 Million Financing

Sep 1, 2026

62 min

Sep 1, 2026 10:30

Dubai Islamic Bank secures $1.2 billion demand for debut $750m Islamic financing

## Strong Demand for Islamic Financing

Dubai Islamic Bank (DIB) has successfully attracted $1.2 billion in commitments for its first syndicated Islamic financing facility, surpassing its initial target of $750 million. This three-year Senior Unsecured Commodity Murabaha Term Facility was oversubscribed by 1.6 times, indicating strong interest from both regional and international banks.

## Confidence in DIB's Credit Profile

The high demand for this facility highlights the confidence that financial institutions have in DIB's creditworthiness and growth potential. Dr. Adnan Chilwan, Group CEO of DIB, emphasized that the transaction is a significant milestone in the bank's funding strategy, especially given the challenging global market conditions.

## Diversification of Funding Sources

This financing deal is part of DIB's strategy to diversify its funding sources and strengthen relationships with international banking partners. The facility not only provides access to institutional liquidity but also enhances the bank's presence in the global Islamic finance market.

## Institutional and Market Impact

Led by HSBC Bank Middle East, Mizuho Bank, and Standard Chartered, the syndication reinforces DIB's position in the international Islamic finance sector. With group assets exceeding $115 billion and a market capitalization of over $18 billion, DIB continues to expand its reach, serving more than 11 million customers worldwide.

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