Dr. Adnan Chilwan

#China-#UAE moot on Islamic banking, finance explores int’l cooperation in support of #OBOR Initiative

The Dubai Center for Islamic Banking and Finance in Hamdan Bin Mohammed Smart University (HBMSU) concluded the 2nd China-UAE Conference on Islamic Banking and Finance. The two-day event focused on the objectives of the One Belt, One Road (OBOR) initiative, which aims to revitalize the Silk Road connecting Asia and Europe. The event was organized in cooperation with China Islamic Finance Club, ZhiShang Intercultural Communication, and Knowledge Partner Thomson Reuters. Talks focused on challenges and prospects for Islamic finance in achieving the goals of the ambitious Chinese initiative. The agenda comprised a series of panel discussions moderated by key international figures such as Prof. Baydoun; Mr. Gao Lin, Vice Director, Shenzhen Municipal Commission of Economy, Trade and Information Technology, and Dr. Adnan Chilwan, CEO of Dubai Islamic Bank.

#Kenya just stands out: Dr Adnan Chilwan, GCEO, Dubai Islamic Bank

Dr. Adnan Chilwan, CEO of Dubai Islamic Bank (DIB), said that Kenya stood out to the Bank as a stepping stone to expanding its operations into Africa. In May 2017 DIB was granted a banking licence by the Central Bank of Kenya to operate a subsidiary, DIB Kenya. According to Chilwan, Dubai always had the ambition to venture into Far East Asia and East Africa. As DIB had already ventured into Far East Asia, East Africa was the next logical point. From the East African countries Kenya stands out in its regulatory framework and the stability in the country. DIB Kenya is already open and the bank has ambitious plans for East Africa. Chilwan added that Kenya was a country that DIB would be surely focussing on in years to come.

Dubai Islamic Bank hits the 'billion dollar profits club', what's next?

In this interview, Dr. Adnan Chilwan, CEO of Dubai Islamic Bank, reflects on the bank’s performance in the last couple of years and prospects for future growth. Dubai Islamic Bank (DIB) has entered the billion dollar profits club and the challenge is to keep up the pace of exponential growth. Chilwan says a billion dollars is just a start and he wants to find the right way of replicating the successful strategy. He hopes the bank will be able to keep up that good work, making sure the customers are happy, the regulator is happy, the ratings agencies, research analysts and shareholders are all happy with what they get from the bank. He is grateful for the board of directors and for the team behind him that made this billion dollar profit possible.

#Indonesia, the next big #market for Dubai Islamic Bank?

In this interview Dr. Adnan Chilwan, CEO of Dubai Islamic Bank (DIB), speaks about the Indonesian market and the positioning of Dubai Islamic Bank. In March 2017 Indonesia’s Bank Panin Syariah rebranded to Panin Dubai Syariah Bank (PDSB) and DIB holds a 40% interest. Dr. Chilwan believes Indonesia has great potential and the regulator is quite supportive of Islamic finance. In his view, the success of DIB is the result of its change in positioning. The bank has not compromised Shari’ah, but has a better understanding of customer needs. DIB is competing with the largest players within every region and is aiming at full inclusion to bank everyone.

DIB brings growth agenda to Pakistan

Dubai Islamic Bank’s Group Chief Executive Officer Dr. Adnan Chilwan, on his first visit to Pakistan, outlined the detailed growth strategy for the franchise in the country. This newly defined strategy repositions the Bank’s medium term plans alongside the transformational growth the Group has achieved as part of their 2014-2016 strategic agenda. The event also marked and celebrated the successful 10 years of the Bank’s operations in the country.

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