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DIBL Dawood Islamic Bank Limited

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#1
MJI

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    Dawood Islamic Bank Limited

    http://www.dawoodislamic.com/

    Pakistan's sixth full-fledged Islamic commercial bank, Dawood Islamic Bank Limited, officially commenced its operations on Friday, April 27, 2007. The Bank is the result of an initiative of the First Dawood Group who teamed up with Islamic Corporation for the Development of the Private Sector (ICD) Jeddah, Unicorn Investment Bank - Bahrain, Al Safat Investment Company - Kuwait, Gargash Enterprises (LLC) - Dubai, Mr. Azam Essof Kolia - a Singapore based entrepreneur and Shaikh Abdullah Mohammad Al-Romaizan, an entrepreneur from the Kingdom of Saudi Arabia.

    With an initial paid-up capital of Rs. 3 billion (US$ 50 million), the Bank has a vision of establishing a network of state-of-the-art branches all over the country which will provide financial solutions to all segments of an increasingly Shari'ah conscious business and consumer society.

    DIBL will provide its customers with Shari'ah compliant solutions at an affordable cost and will also offer superior levels of service. The Bank is poised to assume a leadership position through its superior technology and unrivalled customer centricity.

    In addition to the standard and innovative products in retail and corporate banks, DIBL focuses on the growing segment of importers and exporters that are reluctant of utilizing bank financing with the fear of breaching Islamic laws as defined in the Holy Qur'an and Sunnah. This segment is still substantially untapped, even by existing Islamic Financial Institutions hence this will be the core focus of the Bank's marketing strategy.

    DIBL will be present throughout Pakistan wherever the institution can transact sustainable its retail and corporate business. This presence will not only be achieved through full fledged branches but also through designated service centres in which the Bank will also offer a limited amount of retail products which will allow it to focus on deposit mobilization and trade finance at the same time.


    KSE approved subscription on 26-06-2008






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    MJI

    http://islamicgolden...e.blogspot.com/



    #2
    Muhammad Osama

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    kab arahy hai ipo

    #3
    Zanwar

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    QUOTE (Muhammad Osama @ Jul 2 2008, 05:09 PM) <{POST_SNAPBACK}>
    kab arahy hai ipo


    KSE approved subscription on 26-06-2008
    ZeeShaN

    Always make your decisions yourself.

    #4
    Muhammad Hussain

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    keep it up all members for sharing information
    Muhammad Hussain

    #5
    Zanwar

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    iske ke tu website pa subscription ke koi news nahe hain
    ZeeShaN

    Always make your decisions yourself.

    #6
    Asif Hameed

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    plz any body can tell the date of IPO


    QUOTE (MJI @ Jul 2 2008, 01:09 PM) <{POST_SNAPBACK}>
    Dawood Islamic Bank Limited

    http://www.dawoodislamic.com/

    Pakistan's sixth full-fledged Islamic commercial bank, Dawood Islamic Bank Limited, officially commenced its operations on Friday, April 27, 2007. The Bank is the result of an initiative of the First Dawood Group who teamed up with Islamic Corporation for the Development of the Private Sector (ICD) Jeddah, Unicorn Investment Bank - Bahrain, Al Safat Investment Company - Kuwait, Gargash Enterprises (LLC) - Dubai, Mr. Azam Essof Kolia - a Singapore based entrepreneur and Shaikh Abdullah Mohammad Al-Romaizan, an entrepreneur from the Kingdom of Saudi Arabia.

    With an initial paid-up capital of Rs. 3 billion (US$ 50 million), the Bank has a vision of establishing a network of state-of-the-art branches all over the country which will provide financial solutions to all segments of an increasingly Shari'ah conscious business and consumer society.

    DIBL will provide its customers with Shari'ah compliant solutions at an affordable cost and will also offer superior levels of service. The Bank is poised to assume a leadership position through its superior technology and unrivalled customer centricity.

    In addition to the standard and innovative products in retail and corporate banks, DIBL focuses on the growing segment of importers and exporters that are reluctant of utilizing bank financing with the fear of breaching Islamic laws as defined in the Holy Qur'an and Sunnah. This segment is still substantially untapped, even by existing Islamic Financial Institutions hence this will be the core focus of the Bank's marketing strategy.

    DIBL will be present throughout Pakistan wherever the institution can transact sustainable its retail and corporate business. This presence will not only be achieved through full fledged branches but also through designated service centres in which the Bank will also offer a limited amount of retail products which will allow it to focus on deposit mobilization and trade finance at the same time.


    KSE approved subscription on 26-06-2008








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