21. Dubai Islamic Bank (DIB)

Country: U.A.E.
Sector: Banks & Financial Services
Group CEO: Adnan Chilwan
Market Value: $10.8 billion
Sales: $5.5 billion
Profits: $1.9 billion
Assets: $85.6 billion

DIB provides Shariah-compliant banking services to over five million customers across seven countries, including the U.A.E., Pakistan, Sudan, Indonesia, Bosnia, Kenya, and Türkiye. DIB’s net profit grew by 26.3% to hit $1.9 billion in 2023. In September 2023, DIB announced that it would acquire a 20% stake in Türkiye’s T.O.M. Group, with an option to increase it to 25% within 12 months, in a move to enter the Turkish digital banking and financial technology sector.