Dubai Islamic Bank launches online investor relations platform

26/04/2010 - Dubai Investment News
Dubai Islamic Bank launches online investor relations platform

Posted by Bob Brunskill

Dubai Islamic Bank (DIB) has launched a dedicated online investor relations (IR) platform for providing up-to-date information to both retail and institutional investors.

The new IR microsite is designed to be a "one-stop shop" for all investor needs, providing financial reports, credit ratings, dividend information, share price charts, an investment calculator, financial announcements and related information.

DIB expects the site to serve as the first point of contact for investors, offering vital company performance data and IR contact details.

Mohammad Al Sharif, chief financial officer at DIB, said: "This tool will enable investors to keep up to date with the latest developments at the bank - across a full spectrum of activities - in order to make informed investment decisions."

In addition, Kashif Moosa, head of corporate development at the bank, suggested that investor engagement and communications had become an increasingly important concern among DIB's leading listed firms.

DIB is the largest Islamic bank in the UAE with 63 branches across the country.