Dubai Islamic Bank Closes First USD 750 Million Syndicated Islamic Facility
Dubai Islamic Bank announced on 1 September 2026 that it had closed its first syndicated Islamic financing facility, raising USD 750 million through a three-year commodity Murabaha structure. The bank said lender commitments totalled about USD 1.2 billion, roughly 1.6 times the final facility size.
HSBC Bank Middle East, Mizuho and Standard Chartered led the transaction as initial arrangers and coordinators. DIB described the facility as a step toward diversifying its institutional funding sources.
The deal is a funding transaction, not a consumer product or a job announcement. For readers tracking UAE banking, it is a recent example of large-scale Shariah-compliant financing involving regional and international institutions.