DIB Successfully Closes Debut $750 Million Syndicated Islamic Financing Facility
Faizan Hashmi
Published September 01, 2026 | 04:00 PM
DUBAI, (UrduPoint / Pakistan Point News / WAM – 01st Sep, 2026)
Dubai Islamic Bank (DIB) has successfully closed its debut US$750 million three-year Senior Unsecured Commodity Murabaha Term Facility, marking a significant milestone in the Bank’s funding strategy and further diversifying its sources of institutional funding.
This facility represents DIB’s first-ever syndicated Islamic financing transaction and attracted c. US$1.2 billion in total commitments, equivalent to approximately 1.6 times the facility size. It was executed at competitive pricing despite a challenging global market environment and ongoing geopolitical uncertainty.
The strong participation from regional and international banks reflects continued confidence in DIB’s credit profile, balance sheet strength, and long-term growth trajectory. The transaction also highlights the significant liquidity available to high-quality UAE financial institutions and the enduring relevance of Shariah-compliant financing structures across international banking markets.
This syndication is a landmark event for DIB, further solidifying its position in global Islamic finance and reinforcing its reputation as a trusted counterparty in international financing markets.
The syndication was led by HSBC Bank Middle East Limited, Mizuho Bank, Ltd., and Standard Chartered, acting as Initial Mandated Lead Arrangers, Bookrunners, and Coordinators.
Dr. Adnan Chilwan, Group Chief Executive Officer of DIB, commented:
“The successful completion of our debut syndicated Islamic financing facility marks an important milestone in DIB’s funding strategy and reflects the confidence that leading regional and international institutions continue to place in our franchise. The strength of demand and quality of participation, particularly against a complex market backdrop, speak to the resilience of our balance sheet, the strength of our credit profile, and the disciplined approach guiding our growth.”
He added: “Beyond the transaction itself, this facility further diversifies our funding base, deepens our relationships with key banking partners across global markets, and demonstrates the growing relevance of Shariah-compliant financing within the international institutional landscape. As DIB continues to grow, we remain focused on accessing liquidity through diversified and efficient channels while advancing the reach and sophistication of Islamic finance globally.”
