PRESENTED BY :

1. NURRUL FATIN NAJWA BINTI TAARIN 1520306

2. WAN NURSYAKIRAH BINTI WAN MOHD AZMI 1520952
3. SYAIRAH AQILAH BINTI ZAMRI 1524160
4. DAYANG SORFINA BINTI ABG MOHD SHIBLI 1522888
5. NURUL SYAZANA BINTI ZALI 1520064
6. NUR AMIRAH BINTI AHMAD SHUKRI 1522718
HISTORY DIB First Islamic bank in the world and DIB is the largest
bank in the Gulf

Dubai International Financial Center (DIFC) was

establishd and operates as a financial free zone

The world class regulator and regulatory regime in the

Dubai Financial Services Authority (DFSA)

Dubai Metal and Commodities Centre (DMCC) provides

Islamic finance packages to companies specializing in the
gold and diamond trade
 ESTABLISHED IN 1975
FIRST ISLAMIC BANK
ESTABLISHED AS A JOINT STOCK COMPANY
62 BRANCHES IN UAE
DIB ALSO PROVIDED ONLY THE BEST WORLD CLASS
PRODUCTS AND SERVICES

DIB

DUBAI BANK COMMERCIAL

EMIRATES NOOR BANK
BANK DUBAI MASHREQ
ISLAMIC BANK EMIRATES NBD
BANK
OCCURS BETWEEN TWO PARTIES

PROFIT SHARING ON A PRE-AGREED RATIO

TWO TYPES OF MUDARABAH

- UNLIMITED (MUTLAQAH)
- LIMITED (MUQAYYADAH)

USES MUDARABAH
- DUBAI ISLAMIC BANK (DIB)
- EMIRATES NBD BANK
 EXAMPLE IN
DUBAI
CONDITION MASHREQ BANK
PROFIT & LOSS DUBAI ISLAMIC
AGREED IN BANKK (HOME
BUSINESS FINANCING)
JOINT ADVANCE
VENTURE, CAPITAL
ARABIC PARTNERSHIP CONTRIBUTE BY
SHARING ALL PARTNERS
EACH PARTNER
HAS RIGHT
Literally :
Arabic word Ribh-profit

Technically :
Contract of sales in which commodities is sale incost plus
profit basis
Products :
Car,home furniture,land and many more

Example of bankS :
Dubai Islamic Bank-al-Islami Car Finance (financing car)
Noor Bank
 Not just collateralized debt, tied to the
specific assets
The international leader in Sukuk
DUBAI management
ISLAMIC Covering assets from aircraft to property
BANK

SUKUK

The Arabic term

Financial certificates
Shariah compliant bonds
BONDS
A bond is a debt investment in which an investor
loans money corporate or governmental which
borrows the funds for a defined period of time at
a variable or fixed interest rate
 Istisna Arabic term :
Asking/requesting someone to manufacture or
construct

In financing context :
Sales contract where seller agrees to deliver on
asset at the determined time with an agreed price
from both sides
 - MASHREQ BANK
- COMMERCIAL BANK OF
PRIVATELY
FUNDED DUBAI
- EMIRATES ISLAMIC
BANK

- DUBAI ISLAMIC BANK

- EMIRATES NATIONAL
GOVERNMENT
BANK DUBAI (ENBD) FUNDED
- NOOR BANK
DUBAI ISLAMIC BANK
NOV 2016
ISLAMIC BUSINESS AND FINANCE AWARDS FOR BEST SUKUK ARRANGER

NOOR BANK
JULY 2016
RECEIVES TIER 1 SUKUK ISSUANCE

COMMERCIAL BANK DUBAI

2016
BEST SME LOAN

EMIRATES NBD
NOV 2016
BANKING AND FINANCE COMPANY OF THE YEAR

EMIRATES ISLAMIC BANK

2015
NASDAQ DUBAI MURABAHA PLATFORM WIN EUROMONEY AWARD FOR INNOVATION IN ISLAMIC FINANCE