1 Dubai Islamic Bank
2 The Middle East Bank (Emirates Islamic Bank)
3 Standard Chartered Bank UAE
4 Sharjah Islamic Bank SIB
5 Noor Islamic Bank
6 Ajman Islamic Bank
7 Al Hilal Islamic Bank
8 Abu Dhabi Islamic Bank ADIB
9 HSBC Amanah
10 ADCB Islamic Banking
Trading
List of Islamic Banks in Dubai
Published by Gbaf News
Posted on April 5, 2013
1 min read· Last updated: December 14, 2018
Key Takeaways
- Dubai hosts several fully Shariah‑compliant banks such as Dubai Islamic Bank, Emirates Islamic, Sharjah Islamic Bank, Abu Dhabi Islamic Bank, Ajman Bank, and Al Hilal Bank.
- Some global and regional banks offer Islamic 'windows' (e.g., Standard Chartered, HSBC Amanah, ADCB Islamic) under conventional banking licenses.
- Dubai Islamic Bank is the world’s first full‑service Islamic bank, established in 1975 and remains the largest in the UAE by assets.
- Some listed institutions in the original content (e.g., The Middle East Bank, ADCB Islamic Banking) may refer to subsidiaries or branding rather than standalone Islamic banks.
Frequently Asked Questions
What is Dubai Islamic Bank?
Dubai Islamic Bank (DIB) was founded in 1975 as the world’s first full‑service Islamic bank and is the largest Islamic bank in the UAE by assets.
Are all banks listed fully Islamic?
No — while some are fully Shariah‑compliant banks, others like Standard Chartered or HSBC Amanah offer Islamic services via conventional banking licenses.
Who licenses Islamic banks in the UAE?
Islamic banks are licensed and regulated by the Central Bank of the UAE under full Islamic bank regulations or via Islamic windows within conventional banks.
Tags
Related Articles
UBS Ermotti says capital rules will impact Swiss financial centre for decades
EU renews Russia sanctions, drops Russian billionaires Usmanov and Fridman
UK's Burnham wants to work with EU on 'Made in Europe' plan
Dollar choppy as investors weigh oil drop against Fed rate path
Spain allows US extradition case against pro-Palestinian donor to proceed
More from Trading
Explore more articles in the Trading category
Why Order-Book Resilience Matters More Than Headline Liquidity
Why Market Depth Is Becoming a Better Liquidity Signal Than Spreads Alone
TetherMax Introduces Cashback Rate Guarantee Across Supported Crypto Exchanges
Why Execution Quality Is Becoming Harder to Measure in Fragmented Markets
How to Read a UK Forex Broker Comparison Beyond EUR USD Spreads
Why Market Liquidity Is Becoming More Fragmented Across Trading Venues
Why Settlement Cut-Off Dispersion Is Becoming a Cross-Border Liquidity Cost
Why Execution Drift Is Becoming a Bigger Trading Risk Than Signal Decay
How AI-Driven Currency Automation Is Narrowing the Divide Between Retail and Professional Forex
How Multi-Asset Brokers Support More Efficient Retail Trading
Why T+1 Is Turning Securities Settlement Into a Liquidity Management Problem
How Passive Investing Is Changing the Mechanics of Price Discovery