Dubai Islamic Bank mortgages go to Tamweel
Dubai Islamic Bank (DIB) will transfer most of its mortgage activity to Tamweel after taking a majority stake in the Islamic home finance company.
The move comes as the mortgage company resumes lending for the first time in two years.
Tamweel's board is going to meet tomorrow to discuss the appointment of new members and to approve financial statements for 2008 and last year.
Syndicate
