Founded in 1975, Dubai Islamic Bank operates more than 540 branches and serves over five million customers. Total assets reached $113.3 billion in 2025. In December 2025, it partnered with Mohammed Bin Rashid Housing Establishment (MBRHE) to enhance housing finance in Dubai. In November 2025, it issued its debut $1 billion sustainability-linked financing sukuk. Investment Corporation of Dubai owns 28% of DIB as of February 2026.