Dubai Islamic Bank shareholders approved a 35 per cent dividend payout alongside the increase in its foreign ownership limit. Image courtesy of Dubai Islamic Bank
Dubai Islamic Bank shareholders approved a 35 per cent dividend payout alongside the increase in its foreign ownership limit. Image courtesy of Dubai Islamic Bank

Banking

Dubai Islamic Bank shareholders approve lifting foreign ownership cap

Recent merger with Noor Bank has created an institution with total assets of more than Dh275 billion

Michael Fahy
Michael Fahy

March 16, 2020